April 15, 2019
REVENUE REGULATIONS NO. 08-19
| SUBJECT | : | Amending the Pertinent Provisions of Sections 9 and 10 under Revenue Regulations No. 12-2018 |
| TO | : | All Internal Revenue Officials, Employees and Others Concerned |
SECTION 1. Scope. — Pursuant to the provisions of Sections 244 and 245 of the National Internal Revenue Code (NIRC) of 1997, as amended, these Regulations are hereby promulgated to amend the pertinent provisions of Sections 9 and 10 under Revenue Regulations (RR) No. 12-2018, re: Consolidated Revenue Regulations on Estate Tax and Donor's Tax Incorporating the Amendments Introduced by Republic Act No. 10963, Otherwise Known as the "Tax Reform for Acceleration and Inclusion (TRAIN) Law."
SECTION 2. Amendatory Provisions. — The pertinent provisions of Sections 9 and 10 under RR No. 12-2018 are hereby amended and shall be read as follows:
"SEC. 9. TIME AND PLACE OF FILING ESTATE TAX RETURN AND PAYMENT OF ESTATE TAX DUE. —
1. Estate Tax Returns. — x x x
xxx xxx xxx
6. Payment of the estate tax by installment and partial disposition of estate. — x x x
6.1. Cash installment
i....
