Implementing the Provisions of Estate Tax Amnesty under Title II of Republic Act (R.A.) No. 11213, Otherwise Known as the "Tax Amnesty Act"

May 29, 2019REVENUE REGULATIONS NO. 06-19SUBJECT:Implementing the Provisions of Estate Tax Amnesty under Title II of Republic Act (R.A.) No. 11213, Otherwise Known as the "Tax Amnesty Act"   TO:All Internal Revenue Officers and Others Concerned SECTION 1. Purpose. — Pursuant to Section 244 in relation to Section 245 of the 1997 Tax Code, as amended, and Section 27 of Republic Act (RA) No. 11213, these Regulations are hereby promulgated to provide the taxpayers a one-time opportunity to settle estate tax obligations through an estate tax amnesty program that will give reasonable tax relief to estates with outstanding estate tax liabilities. HTcADCSECTION 2. Coverage. — The estate tax amnesty shall cover the estate of decedent/s who died on or before December 31, 2017, with or without assessments duly issued therefor, whose estate tax/es have remained unpaid or have accrued as of December 31, 2017.SECTION 3. Exceptions. — The Estate Tax Amnesty shall not extend to the following:3.1 Delinquent estate tax liabilities which have become final and executory and those covered by Tax Amnesty on Delinquencies; and3.2 ...