Grant of Request for Extension of Time to File Estate Tax Return

December 09, 1999 BIR RULING NO. 195-99 90 (C)-027-99-195-99 Ms . Filomena G . Villarina No. 12 Libertad Street 1553 Mandaluyong City M a d a m : This refers to your letter dated October 29, 1999 requesting on behalf of the Estate of the late Francisca V. Cabrieto 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. cdll It is represented that the late Francisca V. Cabrieto died last June 13, 1999; that you are in the process of locating important papers and documents; that you give the Commissioner of Internal Revenue the authority to look into the records of the decedent's bank accounts, namely: Security Bank and Trust Company located at the CEU Compound and issuance of new pass books of your late sister's Saving Account Nos. 0341-196602-201 and 341-36984-0 which you could not verify due to secrecy and non- disclosure of bank accounts; and that you need the balance at the time of the decedent's death for inclusion of the same in her personal properties. In reply, please be informed that in view of the above justifiable reasons, your request for an extension of thirty (30) days from December 13, 1999 which is the last day for filing the estate tax return of the late Francisca V. Cabrieto is hereby granted. Accordingly, the filing of the said estate tax return of the deceased Cabrieto is hereby extended up to January 12, 2000 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) Very truly yours, (SGD.) BEETHOVEN L. RUALO Commissioner of Internal Revenue