Effectivity of the Filing of the Sworn Statement

September 10, 1958 BIR RULING NO. 496-58 Mr. Mateo Y. Lim Attorney-at-Law 909 Benavidez, Manila S i r : In reply to your letter dated September 4, 1958, I have the honor to inform you as follows: 1. The administrator of an estate, the proceedings over which had already terminated in 1958 and the administrator duly discharged in the same year, is no longer required to file the sworn statement provided for by Republic Act No. 2070 as of December 31, 1957. However, the heirs must declare their respective shares in the estate in their individual statements as of December 31, 1958 which are to be filed on or before January 31, 1959. 2. A corporation which was organized and started business only in 1958 is not required to file the statement as of December 31, 1957, but the corporation must file the statement as of December 31, 1958 which is to be filed on January 31, 1959. prll Very truly yours, (SGD.) MELECIO R. DOMINGO Acting Commissioner of Internal Revenue