Estate of Jose Castillo y Refuerzo is Not Liable to Residence Tax

July 8, 1960 BIR RULING NO. 291-60 The Philippine National Bank Escolta, Manila Attention : Mr . G . B . Cubelo Trust Officer Gentlemen : Reference is made to your letter dated March 31, 1960, requesting a ruling from this Office on whether or not the Estate of the deceased, Jose Castillo y Refuerzo, is liable to the payment of additional Residence Tax (Class B) on its gross income of P113,303.72 during the year 1959 considering that said income was derived from the Estate's properties with assessed value of P439,040.00 which are already subject to said tax". In reply thereto, I have the honor to inform you that residence tax applies, in proper cases, to natural or juridical person. (Secs. 1 and 2, C.A. No. 465, otherwise known as Residence Tax Law). The estate of a deceased person not being one of those mentioned in the aforecited provisions of said law as liable to the residence tax, the estate of Jose Castillo y Refuerzo is, therefore, not liable to the residence tax. Very truly yours, (SGD.) MELECIO R. DOMINGO Commissioner of Internal Revenue