RMC No. 83-2023

RMC No. 83-2023 (August 14, 2023) circularizes RA No. 11956, which extends the availment of the Estate Tax Amnesty until June 14, 2025. The amnesty covers estates of decedents who died on or before May 31, 2022 whose estate taxes remained unpaid or accrued as of that date, and may be availed by executors, administrators, legal heirs, transferees or beneficiaries by filing a sworn Estate Tax Amnesty Return and paying the amnesty tax with an authorized agent bank, Revenue District Office, or authorized tax software provider from June 15, 2023 to June 14, 2025. Documentary requirements are limited to those listed in the circular; payment of estate taxes is a process separate from the transfer of properties, and proof of estate settlement is required only for issuance of the Electronic Certificate Authorizing Registration (ECAR). Fully compliant estates are immune from estate taxes, increments and additions, and appurtenant civil, criminal and administrative cases, with installment payment allowed within two years from the statutory date without civil penalty and interest.