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The Bureau of Internal Revenue (BIR) today starts accepting applications for the much-awaited reprieve for heirs who have yet to pay the taxes due from their deceased loved ones' estate. Deputy Commissioner Marissa O. Cabreros told the Inquirer that BIR fronEstate tax amnesty scheme starts today
The Bureau of Internal Revenue (BIR) today starts accepting applications for the much-awaited reprieve for heirs who have yet to pay the taxes due from their deceased loved ones' estate. Deputy Commissioner Marissa O. Cabreros told the Inquirer that BIR frontline officers from all over the country attended briefings at the agency's main office in Quezon City last week to prepare for today's implementation of estate tax amnesty under Republic Act (RA) No. 11213 or the Tax Amnesty Act of 2019. The BIR's Revenue Regulations (RR) No. 6-2019 was published on May 31 to take effect as the estate tax amnesty's implementing rules and regulations 15 days later. But since the guidelines effectiv...Keep on reading: Estate tax amnesty scheme starts today Read more