Grant of Request for Extension to File Estate Tax Return

August 17, 1999 BIR RULING NO. 125-99 90 (C)-DA-151-99-125-99 Mr. J. Charlie G. Bite 505 Quirino Avenue Paraaque City S i r : This refers to your letter dated July 8, 1999 requesting on behalf of your client, Ms. Flora Rayos Lopez, for an extension of thirty (30) days within which to file the estate tax return of her late father, Manuel B. Rayos, Sr. pursuant to Section 90(C) of the Tax Code of 1997. It is represented that the late Manuel B. Rayos, Sr. died last January 8, 1999; that your client being the eldest among the children has been charged by the other heirs to take care of the settlement of the estate of their late father since she is presently in the Philippines; that the estate is quite large and is composed of properties that are located in various parts of the country; and that she is encountering difficulty in completing the inventory of the properties. In reply, please be informed that in view of the above justifiable reasons, your request for an extension of thirty (30) days up to August 7, 1999 within which to file the estate tax return of the late Manuel B. Rayos, Sr. is hereby granted pursuant to Section 90(C) of the Tax Code of 1997. It shall be understood, however, that the estate shall be liable to the corresponding interest that have accrued thereon up to the time of the filing of the return and the payment of the estate tax due on the transmission of the said estate to the heirs pursuant to Section 249 of the Tax Code of 1997. prLL Very truly yours, (SGD.) BEETHOVEN L. RUALO Commissioner of Internal Revenue