Close
 


Extended na nga ba ang Estate Tax Amnesty?
Hide Subtitles
Click any subtitle word to view Tagalog.com dictionary results.
Computer Shortcuts: Left / Right arrows to jump 2 seconds back or forward. +Enter or Space to toggle Play/Pause button. Full Screen Mode
Free legal forum @thelectureroomofattyraymondbatu. I am sharing my modest knowledge on legal issues involving property and family problems which I further categorize it as USAPANG MANA, USAPANG LUPA, USAPANG PAMILYA, USAPANG MAG-ASAWA, USAPANG RELASYON, USAPANG TAXES, at iba pang kategorya na maaring may kinalaman sa property, batas tungkol sa lupa, problema sa lupa, lupa na walang titulo, lupa na rights lang, lupa na pasalo, bahay at lupa pasalo, mother title ng lupa paano hatiin, kaso sa pangangamkam ng lupa, batas sa lupa ng magulang, batas sa mana ng lupa, hatian sa lupa ng magkakapatid, batas sa lupa ng magulang, karapatan ng asawa sa lupa, karapatan ng legal na asawa kahit walang anak, karapatan ng asawa sa sahod ng asawang lalaki, problema kung patay na ang nakapangalan sa titulo ng lupa, paano magpatitulo ng lupa na walang titulo, titulo ng lupa requirements, paano magpatitulo ng lupa na may mother title, patitulo ng lupa, tax declaration ng lupa, paano kumuha ng tax declaration #usapanglupa #easeme
The Lecture Room of Atty. Raymond Batu
  Mute  
Run time: 11:03
Has AI Subtitles



Video Transcript / Subtitles:( AI generated. About AI subtitles » )
00:00.0
Hello and good day!
00:02.0
Pag-usapan po natin ngayon itong tax amnesty
00:05.7
which meron na po tayong deadline
00:08.0
hanggang June 14, 2023 na lang.
00:13.0
Now, may umuugong na balita na
00:15.8
na-approve na nga daw ang extension
00:18.8
for another 2 more years.
00:21.0
So, ang tanong po is that
00:23.4
extended na nga ba ang estate tax amnesty hanggang June 14, 2025?
00:29.6
Alright. So, meron pong nabasa sa inquirer.net no?
00:34.6
May 18, 2023 na in-approve na daw ng House
00:38.6
ang bill extending the estate tax amnesty deadline to June 2025.
00:43.6
Now, take note that iyong estate tax amnesty na pinag-usapan natin
00:48.6
ito po yung pinasa nung batas nung Republic Act No. 11213
00:53.6
Tax Amnesty Act of 2019.
00:55.6
2019 po po ito which was extended by Republic Act No. 11 of 11.569.
01:06.6
Okay. Yung tiyang dawag natin yung extension of tax amnesty
01:09.6
up to June 14, 2023.
01:12.6
Alright. Now, remember that this deadline na June 14, 2023
01:19.6
is malapit na. Ilang araw na lang po.
01:23.6
And mind you, this estate tax amnesty program of the government
01:29.6
is para ito siya sa mga estado noong namatay December 31, 2017 pa baba.
01:39.6
Okay. And ano po ba yung estate tax?
01:41.6
Mabilisan lang po. Estate tax, ito po yung pagbayad po ng tax
01:46.6
doon sa pribiliyo po ninyo na pagtransfer sa kanyong mga heirs
01:52.6
or mga tagapagmana ng iyong property.
01:55.6
Imagine, patay na po yung tao.
02:00.6
Yung pribiliyo niya, itatax pa ng government.
02:04.6
Okay. So, tama po talaga si Benjamin Franklin by saying that
02:10.6
in this world, nothing can be said to be certain except debt and taxes.
02:17.6
Meron talaga always taxes from the time that we are born
02:20.6
up to the time that we are dead.
02:22.6
During the time of where we are living, meron po talaga tax.
02:26.6
Okay. So, pwede abil po natin itong tax, estate tax amnesty.
02:30.6
Alright. Now, take note that sa inquire.net noong April 20, 2023
02:39.6
nagkaroon ng ugong na i-extend daw estate tax amnesty
02:43.6
and by May 18 nga, 2023 dito na sa inquire.net
02:48.6
nakikita ko na naka-approve na nga ng House.
02:50.6
When we say House, ito pong lower house.
02:52.6
Yung House of Representatives.
02:54.6
Congress is composed of House of Representatives and the Senate of the Philippines.
02:58.6
Ito po yung bill ni Speaker Martin Romualdez.
03:03.6
House Bill No. 7409.
03:07.6
Okay. Now, let us try to see if ano na ba ang mangyayari.
03:13.6
Okay. Now, sa schedule po ng Congress, by June 3, 2023, mag-a-adjourn na sila sinidyay.
03:25.6
Ibig sabihin, Latin is without any day.
03:29.6
Ibig sabihin, mag-a-adjourn sila for an indefinite period.
03:34.6
So, wala nang, hindi pa nalaman kung kailan ang balik.
03:37.6
Wala pang schedule.
03:39.6
So, when a legislative body adjourn, and this particularly without a day,
03:44.6
without appointing a day on which it will appear or assemble again,
03:49.6
yung babalik na naman sila pag-assemble.
03:51.6
So, ibig sabihin, from that time, ngayon, computing natin 18 to how many days na lang?
04:00.6
May 18 tayo. I think it's about 16 days na lang bago sila mag-adjourn, no?
04:06.6
So, dapat po talagang mabilisan. Yan nga ang clamor nila kung pwedeng yung kapartner daw nila ng Senate is,
04:14.6
pwede ba mabilisan po nyo? Sabi po nila, no?
04:17.6
Okay. So, big note that, ito nga, House of Representatives at saka Senate, composed yan siya ng Congress, no?
04:27.6
So, tapos na po tayo sa, dito sa House of Representatives, sa lower house.
04:33.6
wherein nagkaroon na po ng first, second, third reading. Approved na po.
04:37.6
And yes, binabasa po yan at pinapa-approve. Approved na po sila.
04:40.6
So, ang next step is to give it now to the Senate of the Philippines, no?
04:45.6
So that they could form now what we call a bicameral committee.
04:50.6
Ang bicameral committee po na composed of the House of Representatives and as well as the Senate, no?
04:58.6
And then, they will have a conference committee report which will be submitted again back doon sa House of Representatives at saka sa Senate
05:07.6
at ipapa-approve na naman sila. Votohan na yan.
05:10.6
Habi ma-vote sila, tawagin lang yan. Mabilisan na yan siya.
05:13.6
I hope in this remaining time, dahil na-submit naman, na-approve naman ni House of Representatives,
05:21.6
I suppose and assume na nabigay na doon sa, ang version nila doon sa Senate, no?
05:27.6
So, I hope meron ng bicameral committee and I hope makarating ito bago mag-adjourn sila by June 3.
05:34.6
Bahala na pag, basta matapos nito, by June 3, okay na, mag-adjourn na sila.
05:41.6
Kasi ang next step naman yan, iisipapasa na po yan sa Malacanang, no?
05:46.6
And this bill, once submitted to the Malacanang, pag-aaralan niyan ngayon whether or not to approve it.
05:54.6
But I, of course, I believe that this will be approved by Malacanang, by the President.
05:59.6
Because this is a very important legislation to extend, no?
06:02.6
Kasi nga, maraming hindi nakakaalam na talagang very important ito, na maka-avail nito.
06:10.6
Once lang po ito nangyayari, no? Once in a blue moon.
06:13.6
So, may-approve yan siya. Because maraming nga hindi pa nakaka-comply ng requirements at collecting income, generating revenue rin po yan sa government.
06:26.6
So, pipirmahan po yan, ay 99%. So, pipirmahan po ni President Ferdinand Bongbong Marcos po.
06:34.6
Alright, and once it will be signed, it will now have a Republic Act number.
06:39.6
Let's say, 1, 2, 3, 4, 5. R.A. 1, 2, 3, 4, 5. Now, it becomes a law.
06:44.6
Okay. Of course, it has to take effect 15 days after publication in the official gazette.
06:50.6
So, yun lang po, no? Ang way, no? Ang tanong is that, maka-abot ba ito before sila mag-adjourn?
06:58.6
Bahala na po. Tapos nila before sila mag-adjourn, bigay nila sa Malacanang at least from June 3 to June 14.
07:07.6
Merong at least 10 days or more si President Ferdinand Bongbong Marcos, our President, whether to decide to approve it.
07:16.6
But as I said, approve talaga yan. Kasi otherwise magagalit ang taong bayan sa kanila pag hindi ito ma-approve.
07:23.6
Tingnan natin kung gano'n sila kabilis with this very important legislation para hindi magreklamo at magalit.
07:31.6
Alright. So, with that, magmaging batas po siya, ito po yung kitsura niya, no?
07:38.6
I will show to you. Ito po yung law when nai-pass po yung extension, no?
07:45.6
So, lita po lang muna yung mukha ko dito para ma-ano natin. Okay. Yan, no?
07:51.6
So, if you'll notice, i-zoom natin.
07:58.6
Zoom natin, ha? Yan. Okay.
08:04.6
So, yan. 11-5-6-10. It is an act extending the estate tax amnesty. Yan.
08:11.6
At ito po yung second page and the third page.
08:16.6
Ang pinakamagala sa third page is that magkita mo, the effectivity nito, this act shall take effect 15 days after its publication in the official gazette, no?
08:25.6
So, kailangan sa national talaga, na printing office natin.
08:29.6
And ito approved dung dating Speaker of the House, na si Congressman Velasco, and dating Senate President, na si Pito Soto.
08:37.6
And, of course, this was signed by our President, past President, Rodrigo Guadaltero, si Tatay Digong.
08:46.6
Okay. So, that is an example of the extension.
08:51.6
Okay. So, with that, I hope that you learned a thing or two. Palakihan natin.
08:57.6
And we pray na makaabot, no? Para even I, myself, talaga hindi pa ako nakatatapos sa pag-process nung...
09:11.6
Although yung iba, na-apply ko na, na-ipasok na sa BIAYA.
09:13.6
Pag-iba kasi hindi pa dahil kulang ng requirements. Ano ba ang mga requirements kailangan yung death certificate?
09:20.6
Tabian, at early 1950s pa, saan kami magkua ng death certificate?
09:24.6
O sige, mag-ingay kayo ng certificate of death ulit nun sa LCR.
09:29.6
And requirement naman is that pikturan yung, yung, ano, yung nitso.
09:34.6
Para makita talaga, para ma-issue ka ng death certificate, di ba?
09:37.6
Di ba older deaths ba? May hirap yun.
09:40.6
Sometimes, may require pa talaga PSA, no?
09:43.6
So, it's very technical and kailangan talaga ng oras pa.
09:48.6
So, I hope makaabot po, no? Bilis-bilisan lang po natin ng konti.
09:53.6
So, thank you po, no?
09:55.6
Please share this knowledge to everyone, no?
09:58.6
And this is a pre-legal forum nga ng inyong lingkod.
10:04.6
And I want to share my modest knowledge about the laws.
10:09.6
Because, you know, ang batas kasi always yan na asaban natin.
10:14.6
From the time we were born, meron na yan.
10:16.6
And everything sa ating daily life natin, meron na talaga yan.
10:19.6
And hanggang na mamatay tayo.
10:21.6
Kung tulad dito, we have to pay for the estate tax sa ating maiwang properties dun sa mga tagapagmana.
10:29.6
So, what I'm trying to say is that when you learn something free, no?
10:37.6
Like this forum, no?
10:39.6
Please also share your knowledge, po.
10:42.6
Para po makaritch tayo ng mas maraming people na maglearn ito.
10:49.6
Thank you so much!
10:51.6
And I will see you again next time on this.
10:55.6
Thank you for watching this public service announcement.