Grant of Request for Extension to File Estate Tax Return

October 26, 1999 BIR RULING NO. 167-99 90 (C)-027-99-167-99 Romulo, Mabanta, Buenaventura Sayoc & De Los Angeles Attorneys at law 30th Floor, Citibank Tower Citibank Plaza 8741 Paseo de Roxas, Makati City Attention: Atty . Jacqueline Romero-Laurel Gentlemen : This refers to your letter dated October 11, 1999 requesting on behalf of your client, the heirs of the late Elisa V. Romero for an extension of thirty (30) days within which to file the estate tax return pursuant to Section 90(C) of the Tax Code of 1997. LibLex It is represented that the late Elisa V. Romero died last April 16, 1999; and that the heirs of the decedent are still in the process of locating some properties which the latter may have an interest. In reply. please be informed that in view of the above justifiable reason, your request for an extension of thirty (30) days up to November 15, 1999 within which to file the estate tax return of the late Elisa V. Romero 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. (BIR Ruling No. DA-027-99 dated January 18, 1999) cdlex Very truly yours, (SGD.) BEETHOVEN L. RUALO Commissioner of Internal Revenue