01:17.0
Sabi ko nga po, yun pong regular estate tax payment covered under the train law na hindi sa clout ng ating estate tax amnesty kasama po dito sa ating i-discuss.
01:28.0
Parehas lang po. At yun pong covered sa estate tax amnesty ng mga deaths or kamatayan ng ating maninuno or deceded is that same rin po ang rules.
01:40.0
And with that, I will proceed with this installment payment.
01:46.0
Now, 2 years po. Yan po ang binibigay na installment payment period para mag-apply po tayo para sa payment ng estate tax.
01:56.0
So under the law, there are 2 kinds of installment payment.
02:02.0
Isa yung cash installment and second is yung tiyatawag nating partial sale of property or partial disposition of property.
02:12.0
So cash installment po, bayad ka ng cash na installment payment.
02:16.0
Sa partial sale of property, hihingi natin ng permiso sa BIR na magbenta tayo ng isang property para po yun po ang gamitin natin pambayan po sa estate tax.
02:31.0
Okay, so we will discuss first the cash installment.
02:35.0
Okay, unahin natin si cash installment.
02:37.0
Now, take note that ang pinakaunang gawin po is, of course, meron po tayong letter of request na e-address po natin sa BIR.
02:47.0
I will assume na meron na po tayong complete records, yung mandatory requirements na didiscuss natin doon sa ating previous video lectures.
02:59.0
And I hope that alam na po natin ano po yung requirements.
03:03.0
Kung hindi po, check nyo lang po dito sa link below na ilagay ko sa comment section para at least mapanood po ninyo.
03:11.0
Punta tayo sa letter of request assuming na meron na kayo ng mga requirements.
03:17.0
Okay, so gagawa po tayo ng letter of request po together with the mandatory requirements pati yung mga estate tax returns na ating i-file.
03:25.0
And isabita din sa BIR. Saan po?
03:30.0
Well, it would be at the Revenue District Office kung saan tayo kumukuha ng TIN ng decedent, yung namatay,
03:38.0
at saka saan tayo magpapile ng estate tax amnesty return, ETAR, or ETR, estate tax return.
03:46.0
Okay, depende po estate tax amnesty or hindi, regular, ganun din po ang proseso.
03:51.0
So ibig sabihin, the place kung saan po yung namatay last residence ng decedent.
03:59.0
Saan yung pinakakuli niyang address po.
04:02.0
Alright, now gagawa tayo ng letter of request at ito po itura ng letter of request.
04:08.0
Gumawa po ako ng letter of request dito para po mas maintindihan natin.
04:12.0
So I will zoom this one.
04:15.0
So this is addressed to Atty. Romeo D. Lumagi Jr., yung commissioner po natin ngayon sa BIR,
04:23.0
and Room 511 BIR National Office Building, BIR Road, Diliman, Quezon City, through sa RDO po.
04:31.0
Ito example po si Ma'am Cherry E. Haldon, CPA po.
04:34.0
Ito siya po yung RDO namin sa Revenue District No. 113 West, Dabao City po.
04:40.0
So ito po ang letters addressed sa the commissioner through Ma'am Cherry, Revenue District Officer.
04:46.0
Request for two-year installment payment of the estate tax of decedent Juan de la Cruz.
04:51.0
Okay. Dian Atty. Lumagi, greetings.
04:54.0
In line with the revenue regulations No. 10-2023, which amended certain provisions of RR No. 6-19
05:05.0
issued to implement the extension of the period of availment of the estate tax amnesty pursuant to Republic Act No. 11956,
05:13.0
further amending RA No. 11213 Tax Amnesty as amended by Republic Act No. 11569.
05:21.0
Take note, kailangan po natin laga yun kasi yun ang protocol na dapat isight natin yung mga ano.
05:28.0
That's why kung meron po kayong camera, you have to take picture on this para po makita ninyo yung parang prelude, intro.
05:39.0
So ito po talaga ang point.
05:41.0
We, the heirs of Juan de la Cruz, are requesting approval from you to allow us to pay the estate tax due of our deceased parents
05:50.0
through installment payment within two years from the statutory date of its payment without civil penalty and interest.
05:58.0
Ito pong nasa HODE, ang request po nila is that our request is for installment payment through cash installment.
06:06.0
Our request for installment payment is through cash installment since the available cash of the estate is insufficient to pay the total estate due.
06:15.0
So yan po, zoom down.
06:18.0
So yun po ang letter natin kay Atty. Lumagi, the commissioner.
06:23.0
Now, sino po mag-approve dito? Siya po or kanyang authorized representative.
06:27.0
Usually, ang ina-authorize po niya ang RDO.
06:29.0
In this particular case, si Ma'am Cherry Haldon is pwedeng i-authorize niya to approve the request.
06:36.0
So take note that this is subject for approval.
06:40.0
Now, need po approval because it is a request. It is not a privilege.
06:45.0
You are granted that right to ask.
06:49.0
But it doesn't mean it will immediately be granted.
06:51.0
Kasi mayroon din silang mga grounds tinitingnan kung papasa ka ba o hindi.
06:55.0
Pag hindi ka pumasa, pwede nila i-deny.
06:57.0
In most cases, ina-approve naman.
06:59.0
Basta pag-explain lang mabuti.
07:01.0
Hirap kami magbayad and we want to pay.
07:03.0
That's why gusto po namin installment kaya hindi talaga makaya.
07:06.0
Dahan-dahanin ng bayad within the period of two years.
07:08.0
In most cases, papayag naman si RDO, ah si BIR.
07:13.0
Now, it is possible po na upon approval.
07:18.0
O sige, magagawa siya ng letter.
07:20.0
Your request letter, Mr. Damian Manlupig de la Cruz, representative of the Heirs of Kumuan de la Cruz.
07:28.0
However, subject to the following conditions.
07:30.0
It's possible kasi that they will require yung tiya tawag nating surreptit band or heirs band.
07:37.0
Okay, ano ba ba itong band na ito?
07:40.0
Okay, i-zoom in natin.
07:41.0
Well, ang itong band na ito po.
07:44.0
Ang surreptit, kukuha po yung principal, yung heirs ng leases ng surreptit band.
07:50.0
As required by the obligee.
07:53.0
Sino ba yung obligee?
07:54.0
Yan po yung si BIR na bibili po tayo ng band para kung sakaling hindi natin makumply ang ating requirement,
08:03.0
pwede pong habulin ni BIR ang ating payment or damages sa estate tax through this surreptit band.
08:11.0
So, magbibigay po ng surreptit band.
08:15.0
Bakit ko po sinasabing possible?
08:17.0
Kasi sa revenue regulation ng 2018 on how to pay estate tax amnesty and apply for installment payment,
08:27.0
kasama ito na pwede pong i-apply or i-require rather ng BIR sa atin.
08:35.0
Kung sakaling mag-apply itong installment payment.
08:38.0
So, because of that, it is possible na i-require din ito for purposes of the estate tax amnesty request for 2 years installment.
08:49.0
So, maging handa lang po tayo.
08:51.0
Marami naman ang mga accredited surreptits ng BIR.
08:55.0
Pwede po tayo magtanong kung sino ang mga accredited surreptit bonds nila doon.
08:59.0
Parang heirs bond po yan siya.
09:01.0
So, as I said, this request is not actually a matter of right kasi may discretion po si BIR to refuse kung ma-found out nila na it is being done to cheat the government
09:18.0
o may mga kalukuhan, pwede lang i-deny.
09:22.0
Kasi ang rule kasi pag once mag-file tayo ng return, whether estate tax return or estate tax amnesty return,
09:31.0
is that kailangan po nating bayaran kaagad sabay.
09:36.0
Kasi pagpambigyan natin ng payment form, bayaran na natin sa bank.
09:40.0
But this time wala man tayong pambayad, gusto natin mag-installment.
09:44.0
So, ito po ang requirement.
09:46.0
So, ano po ang ating mga rules sa cash installment?
09:52.0
Now, take note, number one rule is that yung sworn ETAR para sa estate tax amnesty covered
10:03.0
or yung ETR, estate tax return tapos yung acceptance payment form para doon sa estate tax amnesty covered
10:12.0
or yung payment form nila at saka yung MR. Anong MR na yan?
10:15.0
Yan po yung mandatory requirements.
10:18.0
Na-discuss na po dati yung Certificate of Debt, etc.
10:22.0
TIN ID and all very important requirements which are needed.
10:29.0
It should be filed within the extension period kung sakaling estate tax amnesty.
10:36.0
So, yung sworn ETAR within the extension period of June 15, 2023 to June 14, 2025.
10:45.0
Kasi two years lang po tayo.
10:47.0
Within that period, dapat na-file natin for the purpose of the sworn ETAR.
10:56.0
Ngayon, kung yung estate tax return lang after debts of May 31, 2022 na covered sa train law
11:04.0
within one year pagkamatay.
11:06.0
So, kung namatay noong June, dapat June 2022, dapat by June, before June 2023,
11:13.0
na-file po yung ETR at saka mandatory requirements.
11:18.0
Otherwise, kung hindi na-file, hindi po tayo makakabail ng cash installment.
11:24.0
So, it must be filed within the regulatory period,
11:27.0
whether it is for application for estate tax amnesty or the regular estate tax payment under this estate tax return.
11:38.0
So, yan po ang tandaan po natin.
11:41.0
Ibig sabihin, baka kapag request lang tayo ng cash installment, kapag na-file natin sa tamang panahon.
11:47.0
Kapag hindi mo na-file sa tamang panahon, hindi ka na pwede mag-apply.
11:50.0
You have no right to ask for an installment anymore.
11:55.0
Okay. So, with that, ang cash installment payment should be paid within two years from the date of the filing of the return
12:05.0
and, of course, approval by the BIR.
12:09.0
Okay. Dapat bayaran mo.
12:10.0
Let's say kahit na na-file mo sa ikatent month, kung sa regular na estate tax proceeding,
12:17.0
is that you will have be given two years from that date.
12:21.0
Okay. And kung sakali namang na-file mo within two years doon sa estate tax amnesty between June 15, 2023 until June 14, 2025,
12:30.0
doon po mag-start kung kailan mo na-file ang two years to pay.
12:34.0
Okay. Maganda ito. At least hindi tayo mahirapan.
12:37.0
At ano po ang frequency of payment?
12:41.0
Sir, paano po kami magbayad?
12:43.0
So, meron pong it's monthly, meron pong quarterly, every quarter, semi-annually.
12:49.0
So, ibig sabihin, twice a year and annual, every year. So, twice ka magbayad doon.
12:54.0
Monthly, quarterly, semi-annual, and annual.
12:58.0
Now, may nagtanong sa akin kung requirement ba mag-issue ng post-dated check.
13:03.0
Hindi sinasabi sa batas, pero okay din magbigay ng PDC para at least ang gagawin ng BIR is to deposit na lang.
13:13.0
But ang problema, BIR doesn't accept PDCs but only manager's check.
13:18.0
So, I think this kind of payment should be done also doon sa AAB.
13:23.0
So, yeah. I do not know kung pwede sa AAB magsabit ng post-dated checks. Mahirap po yun.
13:31.0
But take note na frequency of payment, monthly, quarterly, semi-annual, and annual.
13:35.0
And take note, ito po ang tadaan nyo, ang deadline po and amount of each installment.
13:44.0
Dapat nakalagay po doon sa estate tax amnesty return or the estate tax return.
13:51.0
Kasi pag hindi nakalagay doon, hindi po yan siya maa-approve po.
13:57.0
So, ang deadline, tapos yung amount of each installment, kung monthly, quarterly, semi-annual, annual.
14:03.0
Tapos dapat merong approval ng BIR.
14:07.0
Okay. Take note of that.
14:09.0
And then, take note that there will be no penalty of the estate tax within the period of installment.
14:16.0
So, kahit na maglampas ka na sa June 2025, kapag nagbigyan ka na ng 2 years to pay.
14:22.0
As long as the file mo, ang sworn ETAR mo within that period of the extension,
14:28.0
is that as maglampas ang 2 years po doon, no penalty ka doon.
14:32.0
Okay. Kasi nag-grant ka naman, na-permit ka naman ng BIR na magpayad ng installment.
14:38.0
Ganon din po sa regular estate tax proceedings wherein namatay ang decedent after June 1, 2022.
14:51.0
And it should be filed within 1 year.
14:53.0
Pag na-file po ng ganon, tapos gumampas ka doon sa period ng 1 year from the date of the decedent, okay lang.
14:59.0
Kasi importante is na-permit ka, nag-grant ka na BIR ng 2 years to pay.
15:06.0
Okay. So, yan po no?
15:07.0
Eh, paano naman po kung lumampas ang period wherein lumampas na ang 2 years installment payment ninyo,
15:15.0
and then hindi nyo nakompletong bayad?
15:18.0
Baka may isang month ka doon or isang quarter na hindi nabayaran dahil gipit sa pera.
15:25.0
Ano po ang patakaran?
15:27.0
Okay. Yan ang tiyatawag nating deficiency tax.
15:30.0
Kulang po tayo nakabayad.
15:32.0
So, ibig sabihin, the rule is that, sabi ng batasa, basahin ko ha.
15:36.0
In case of lapse of 2 years and without the payment of the entire tax due,
15:44.0
the remaining balance daw thereof shall be due and demandable.
15:49.0
So, take note, yung remaining balance lang, automatic due and demandable na yan.
15:53.0
And then, with civil penalties and interest.
15:58.0
Okay. Meron ng civil penalties. Kukumpyutan na kayo ng penalties kasi binigyan ka nga ng 2 years tapos lumampas ka pa rin.
16:04.0
Hindi ka man nakapagbayad within that period.
16:06.0
So, yung portion na hindi mo nabayaran, yun po ang masasubject for penalty and interest.
16:14.0
Okay. Take note of that.
16:16.0
So, take note, when you do an installment payment, is that hindi po kayong ma-iissuean ng e-card yan.
16:24.0
Kasi installment e. Antayin tayo.
16:26.0
So, ang e-card nyo, lalabas po yan sya kapag napulipaid na po ang ating estate.
16:32.0
Okay. So, take note of that.
16:35.0
So, I hope you learned something, a thing or two, in our lecture.
16:40.0
And ako, masaya rin ako kasi na tutunan ko na meron palang ganito.
16:45.0
Ganito pala ang rules.
16:47.0
And nakapag-apply ka mo once pa lang sa isa kong client.
16:50.0
And yeah, we were able to help them get this 2-year installment.
16:55.0
Next time po, pag-uusapan natin yung partial disposal ng property.
17:00.0
Yung baka sabihin natin, Mr. BIR, pwede ba i-benta ko itong isang property?
17:04.0
Kasi para yung proceeds ito, yun ang pambayad ko sa estate tax.
17:09.0
Yes po, pwede po.
17:10.0
That is covered under the rule on installment payment.
17:13.0
Ibig sabihin, installment payment daw rin yan.
17:16.0
Okay. And yan ang second part natin which I will discuss to you, no?
17:20.0
On the next video lecture natin.
17:22.0
Very important kasi, iba rin ang rules, no?
17:25.0
Iba ang rules sa pag-apply at sya kapag-request noon from the BIR.
17:30.0
So, with that, I thank you and I'll see you again next time.
17:34.0
Maraming salamat po.
17:35.0
Danke. Sukran. Mayong hapon sa tanan.
