BIR Ruling [UN-443-95]

December 18, 1995 BIR RULING [UN-443-95] Siguion Reyna, Montecillo & Ongsiako 8755 Paseo de Roxas, Philcom Building Makati City Attention: Mr . Jose Lis C . Leagogo Gentlemen : This refers to your letter dated November 16, 1995 requesting on behalf of the heirs of the late Oscar R. Ongsiako for an extension of thirty (30) days within which to file the estate tax return pursuant to Section 83(c) of the Tax Code, as amended. cdtech It is represented that the late Oscar R. Ongsiako died on May 22, 1995; that under Section 83(b) of the Tax Code, the estate tax return of the Intestate-Estate of the late Oscar R. Ongsiako is due for filing on November 18, 1995, six (6) months from the time of decedent's death; that you are constrained to make this request for the reason that you are still in the process of identifying and collating all the properties that form part of the estate; and that as things now stand, it is certain that you will not have the full and complete information before November 18, 1995, to enable you to prepare and file the estate tax return on or before its due date. In reply, please be informed that in view of the aforestated justifiable reasons, your request for an extension of thirty (30) days from November 18, 1995 to December 18, 1995 within which to file the estate tax return of the said estate is hereby granted pursuant to Section 83(c) of the Tax Code, as amended. It shall be understood, however, that the estate shall be liable to the corresponding interest that have accrued thereon up to the time of filing of the return and payment of the estate tax due on the transmission of the said estate to the heirs. cd Very truly yours, LIWAYWAY VINZONS-CHATO Commissioner of Internal Revenue