TAX AMNESTY ACT
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TAX AMN Present RHODORA GARC RHODORA GARC Tax Advisor 9 NESTY ACT ted by: CIA CIA-ICARANOM ICARANOM r/Consultant
Transcript of TAX AMNESTY ACT
TAX AMNESTY ACT
1
Presented by:
RHODORA GARCIARHODORA GARCIA--ICARANOMICARANOMTax Advisor/Consultant
1RGI CPAs 2019
TAX AMNESTY ACT
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Presented by:
RHODORA GARCIARHODORA GARCIA--ICARANOMICARANOMTax Advisor/Consultant
1
Republic Act 11213“An Act enhancing revenue administration and collectionby granting Tax Amnesty on ALL UNPAID INTERNALREVENUE TAXES imposed by the National Government forTaxable Year 2017 and PRIOR YEARS with respect to ESTATETAX, other Internal Revenue Taxes, and TAX ONDELINQUENCIES”
“An Act enhancing revenue administration and collectionby granting Tax Amnesty on ALL UNPAID INTERNALREVENUE TAXES imposed by the National Government forTaxable Year 2017 and PRIOR YEARS with respect to ESTATETAX, other Internal Revenue Taxes, and TAX ONDELINQUENCIES”
Republic Act 11213“An Act enhancing revenue administration and collectionby granting Tax Amnesty on ALL UNPAID INTERNALREVENUE TAXES imposed by the National Government forTaxable Year 2017 and PRIOR YEARS with respect to ESTATETAX, other Internal Revenue Taxes, and TAX ONDELINQUENCIES”
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“An Act enhancing revenue administration and collectionby granting Tax Amnesty on ALL UNPAID INTERNALREVENUE TAXES imposed by the National Government forTaxable Year 2017 and PRIOR YEARS with respect to ESTATETAX, other Internal Revenue Taxes, and TAX ONDELINQUENCIES”
REPUBLIC ACT 11213
2017 2018HBs No. 4814 and
4815(Approved on Third
Readingon February 13, 2017)
HBs No. 4814 and4815
(Approved on ThirdReading
on February 13, 2017)
HB No. 8554(Approved on Third and
Final Reading lastNovember 20, 2018)
HB No. 8554(Approved on Third and
Final Reading lastNovember 20, 2018)
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HBs No. 4814 and4815
(Approved on ThirdReading
on February 13, 2017)
HBs No. 4814 and4815
(Approved on ThirdReading
on February 13, 2017)
HB No. 8554(Approved on Third and
Final Reading lastNovember 20, 2018)
HB No. 8554(Approved on Third and
Final Reading lastNovember 20, 2018)
SB No. 2059(Approved on Third and
Final Reading lastNovember 19, 2018)
SB No. 2059(Approved on Third and
Final Reading lastNovember 19, 2018)
Bicameral versionApproved last
December 13, 2018
Bicameral versionApproved last
December 13, 2018
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REPUBLIC ACT 11213
2018 2019HB No. 8554
(Approved on Third andFinal Reading last
November 20, 2018)
HB No. 8554(Approved on Third and
Final Reading lastNovember 20, 2018) Signed
February 14, 2019RA 11213
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HB No. 8554(Approved on Third and
Final Reading lastNovember 20, 2018)
HB No. 8554(Approved on Third and
Final Reading lastNovember 20, 2018)
SB No. 2059(Approved on Third and
Final Reading lastNovember 19, 2018)
SB No. 2059(Approved on Third and
Final Reading lastNovember 19, 2018)
Bicameral versionApproved last
December 13, 2018
Bicameral versionApproved last
December 13, 2018
SignedFebruary 14, 2019
RA 11213
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TAX AMNESTY ACT OF 2019
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Build, build, buildStrengthening the country’s
Infrastructure backbone
EducationAchieving a more conducive
learning environment
TARGET COLLECTION:
Source: Estrellita Suansing in an interview dated November 20, 2018
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TAX AMNESTY ACT OF 2019
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EducationAchieving a more conducive
learning environment
Social ServicesProviding better healthcare
services and facilities
TARGET COLLECTION: Php 114.8 BillionSource: Estrellita Suansing in an interview dated November 20, 2018
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OBJECTIVES OF THE TAX AMNESTYACT
One-time opportunity tosettle estate tax
obligations; to givereasonable tax relief toestates with deficiency
estate taxes.
One-time opportunity tosettle estate tax
obligations; to givereasonable tax relief toestates with deficiency
estate taxes.
Enhance revenuecollection by providing a
tax amnesty ondelinquencies that will
minimize administrativecosts in pursuing tax
cases and de-clog thedockets of the BIR and
the courts.
Enhance revenuecollection by providing a
tax amnesty ondelinquencies that will
minimize administrativecosts in pursuing tax
cases and de-clog thedockets of the BIR and
the courts.
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One-time opportunity tosettle estate tax
obligations; to givereasonable tax relief toestates with deficiency
estate taxes.
One-time opportunity tosettle estate tax
obligations; to givereasonable tax relief toestates with deficiency
estate taxes.
Enhance revenuecollection by providing a
tax amnesty ondelinquencies that will
minimize administrativecosts in pursuing tax
cases and de-clog thedockets of the BIR and
the courts.
Enhance revenuecollection by providing a
tax amnesty ondelinquencies that will
minimize administrativecosts in pursuing tax
cases and de-clog thedockets of the BIR and
the courts.
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OBJECTIVES OF THE TAX AMNESTYACT
Enhance revenuecollection by providing a
tax amnesty ondelinquencies that will
minimize administrativecosts in pursuing tax
cases and de-clog thedockets of the BIR and
the courts.
Enhance revenuecollection by providing a
tax amnesty ondelinquencies that will
minimize administrativecosts in pursuing tax
cases and de-clog thedockets of the BIR and
the courts.
Provide a more equitabletax system by adopting a
comprehensive taxreform program that will
simplify therequirements on tax
amnesties with the useof simplified forms, and
utilization of informationtechnology in
broadening the tax base.
Provide a more equitabletax system by adopting a
comprehensive taxreform program that will
simplify therequirements on tax
amnesties with the useof simplified forms, and
utilization of informationtechnology in
broadening the tax base.
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Enhance revenuecollection by providing a
tax amnesty ondelinquencies that will
minimize administrativecosts in pursuing tax
cases and de-clog thedockets of the BIR and
the courts.
Enhance revenuecollection by providing a
tax amnesty ondelinquencies that will
minimize administrativecosts in pursuing tax
cases and de-clog thedockets of the BIR and
the courts.
Provide a more equitabletax system by adopting a
comprehensive taxreform program that will
simplify therequirements on tax
amnesties with the useof simplified forms, and
utilization of informationtechnology in
broadening the tax base.
Provide a more equitabletax system by adopting a
comprehensive taxreform program that will
simplify therequirements on tax
amnesties with the useof simplified forms, and
utilization of informationtechnology in
broadening the tax base.
5
GENERALGENERALTAXTAX
AMNESTYAMNESTY
ESTATE TAXESTATE TAXAMNESTY ONAMNESTY ON
LASTLASTDECEDENTDECEDENT
POLICYPOLICY
VETOED BY THE PRESIDENT:
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GENERALGENERALTAXTAX
AMNESTYAMNESTY
ESTATE TAXESTATE TAXAMNESTY ONAMNESTY ON
LASTLASTDECEDENTDECEDENT
POLICYPOLICY
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ESTATE TAXESTATE TAXAMNESTY ONAMNESTY ON
LASTLASTDECEDENTDECEDENT
POLICYPOLICY
VETOED BY THE PRESIDENT:
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PRESUMPTIONPRESUMPTIONOF CORRECTNESSOF CORRECTNESS
OF THE ESTATEOF THE ESTATETAX AMNESTYTAX AMNESTY
RETURNSRETURNS
ESTATE TAXESTATE TAXAMNESTY ONAMNESTY ON
LASTLASTDECEDENTDECEDENT
POLICYPOLICY
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PRESUMPTIONPRESUMPTIONOF CORRECTNESSOF CORRECTNESS
OF THE ESTATEOF THE ESTATETAX AMNESTYTAX AMNESTY
RETURNSRETURNS
AMNESTY TAX as APPROVED
1.) Estate Tax Amnesty
2.) Tax Amnesty on Delinquencies
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3.) Confidentiality of Tax Amnesty Returns
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3.) Confidentiality of Tax Amnesty Returns
4.) Penalties on Exchange and Unlawful Divulgence of Info
5.) Creation of Information Management System
6.) Creation of Congressional Oversight Committee
AMNESTY TAX as APPROVED
2.) Tax Amnesty on Delinquencies
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3.) Confidentiality of Tax Amnesty Returns
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3.) Confidentiality of Tax Amnesty Returns
4.) Penalties on Exchange and Unlawful Divulgence of Info
5.) Creation of Information Management System
6.) Creation of Congressional Oversight Committee
TAX AMNESTY ON DELINQUENCIESCOVERAGE & AVAILMENT
BIRBIR
Income TaxIncome Tax
Withholding TaxWithholding Tax
Capital Gains TaxCapital Gains Tax
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Capital Gains TaxCapital Gains Tax
Donor’s TaxDonor’s Tax
Value Added TaxValue Added Tax
Other Percentage TaxesOther Percentage Taxes
Excise TaxExcise Tax
Documentary Stamp TaxDocumentary Stamp Tax8RGI CPAs 2019
TAX AMNESTY ON DELINQUENCIESCOVERAGE & AVAILMENT
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TAX AMNESTYTAX AMNESTYONON
DELINQUENCIESDELINQUENCIES
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TAX AMNESTYTAX AMNESTYONON
DELINQUENCIESDELINQUENCIES
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TAX AMNESTYTAX AMNESTYONON
DELINQUENCIESDELINQUENCIES
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TAX AMNESTYTAX AMNESTYONON
DELINQUENCIESDELINQUENCIES
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Delinquencies and assessments, which have become final and executory ,including delinquent tax account, where the application of compromisehas been requested on the basis of:i) doubtful validity of assessment; orii) financial incapacity of the taxpayer, but the same was denied by the
Regional Evaluation Board or the National Evaluation Board on or beforethe IRRs take effect
Delinquencies and assessments, which have become final and executory ,including delinquent tax account, where the application of compromisehas been requested on the basis of:i) doubtful validity of assessment; orii) financial incapacity of the taxpayer, but the same was denied by the
Regional Evaluation Board or the National Evaluation Board on or beforethe IRRs take effect
Pending criminal cases with the DOJ or the courts for tax evasion and othercriminal offenses under Chapter II of Title X of the NIRC, as amended, with
or without assessments duly issued; and
Pending criminal cases with the DOJ or the courts for tax evasion and othercriminal offenses under Chapter II of Title X of the NIRC, as amended, with
or without assessments duly issued; and
COVERAGE
COVERAGE
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Pending criminal cases with the DOJ or the courts for tax evasion and othercriminal offenses under Chapter II of Title X of the NIRC, as amended, with
or without assessments duly issued; and
Pending criminal cases with the DOJ or the courts for tax evasion and othercriminal offenses under Chapter II of Title X of the NIRC, as amended, with
or without assessments duly issued; and
Tax cases subject of final and executory judgement by the courts on orbefore the IRR take effect;
Tax cases subject of final and executory judgement by the courts on orbefore the IRR take effect;
Withholding tax agents who withheld taxes but failed to remit the same tothe BIR
Withholding tax agents who withheld taxes but failed to remit the same tothe BIR
COVERAGE
COVERAGE
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Delinquencies and assessments, which have become final and executory ,including delinquent tax account, where the application of compromisehas been requested on the basis of:i) doubtful validity of assessment; orii) financial incapacity of the taxpayer, but the same was denied by the
Regional Evaluation Board or the National Evaluation Board on or beforethe IRRs take effect
Delinquencies and assessments, which have become final and executory ,including delinquent tax account, where the application of compromisehas been requested on the basis of:i) doubtful validity of assessment; orii) financial incapacity of the taxpayer, but the same was denied by the
Regional Evaluation Board or the National Evaluation Board on or beforethe IRRs take effect
Pending criminal cases with the DOJ or the courts for tax evasion and othercriminal offenses under Chapter II of Title X of the NIRC, as amended, with
or without assessments duly issued; and
Pending criminal cases with the DOJ or the courts for tax evasion and othercriminal offenses under Chapter II of Title X of the NIRC, as amended, with
or without assessments duly issued; and
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Pending criminal cases with the DOJ or the courts for tax evasion and othercriminal offenses under Chapter II of Title X of the NIRC, as amended, with
or without assessments duly issued; and
Pending criminal cases with the DOJ or the courts for tax evasion and othercriminal offenses under Chapter II of Title X of the NIRC, as amended, with
or without assessments duly issued; and
Tax cases subject of final and executory judgement by the courts on orbefore the IRR take effect;
Tax cases subject of final and executory judgement by the courts on orbefore the IRR take effect;
Withholding tax agents who withheld taxes but failed to remit the same tothe BIR
Withholding tax agents who withheld taxes but failed to remit the same tothe BIR
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• shall mean the latest amountof tax assessment issued bythe BIR against the taxpayer,exclusive of interest, penaltiesand surcharge.
BASIC TAX ASSESSED - Defined
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• shall mean the latest amountof tax assessment issued bythe BIR against the taxpayer,exclusive of interest, penaltiesand surcharge.
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• shall mean the latest amountof tax assessment issued bythe BIR against the taxpayer,exclusive of interest, penaltiesand surcharge.
BASIC TAX ASSESSED - Defined
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• shall mean the latest amountof tax assessment issued bythe BIR against the taxpayer,exclusive of interest, penaltiesand surcharge.
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ENTITLEMENT & RATESSec. 18. Any person may enjoy the immunities and privileges of the TAD and pay the following taxamnesty rates:
Nature of DelinquencyDelinquencies and assessments which have become final andexecutoryTax cases subject of final and executory judgement by courts
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Tax cases subject of final and executory judgement by courts
Pending criminal cases with criminal information filed with theDepartment of Justice or the courts for tax evasion and othercriminal offences under Chapter II of Title X and Section 275 ofthe National Internal Revenue Code of 1997, as amended, withassessments duly issued and otherwise excluded in Title II and IIIhereofWithholding agents who withheld taxes but failed to remit thesame to the Bureau of Internal Revenue
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ENTITLEMENT & RATESSec. 18. Any person may enjoy the immunities and privileges of the TAD and pay the following taxamnesty rates:
Nature of Delinquency RateDelinquencies and assessments which have become final andexecutory
40% of the basictax assessed
Tax cases subject of final and executory judgement by courts 50% of the basictax assessed
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Tax cases subject of final and executory judgement by courts 50% of the basictax assessed
Pending criminal cases with criminal information filed with theDepartment of Justice or the courts for tax evasion and othercriminal offences under Chapter II of Title X and Section 275 ofthe National Internal Revenue Code of 1997, as amended, withassessments duly issued and otherwise excluded in Title II and IIIhereof
60% of the basictax assessed
Withholding agents who withheld taxes but failed to remit thesame to the Bureau of Internal Revenue
100% of the basictax assessed
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• Sworn Tax Amnesty on Delinquencies (TADR)• Certification of Delinquencies
WHAT to File?
WHEN to File?
RETURNS & FILING OF TAD
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RDO which has jurisdiction over the residence or principal place of business of thetaxpayer
Within one (1) year from the effectivity of the IRRWHEN to File?
WHERE to File?
RDO shall issue and endorse ACCEPTANCE PAYMENT FORMHOW to File?
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• Sworn Tax Amnesty on Delinquencies (TADR)• Certification of Delinquencies
RETURNS & FILING OF TAD
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RDO which has jurisdiction over the residence or principal place of business of thetaxpayer
Within one (1) year from the effectivity of the IRR
RDO shall issue and endorse ACCEPTANCE PAYMENT FORM
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TAP (TAX AMNESTY PROCESS)
TADR+
APF “PAID”
TADR+
APF “PAID”
STAMP“RECEIVED”BY BIR RDO
STAMP“RECEIVED”BY BIR RDO
RDO submission
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TADR+
APF “PAID”
TADR+
APF “PAID”
STAMP“RECEIVED”BY BIR RDO
STAMP“RECEIVED”BY BIR RDO
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TAP (TAX AMNESTY PROCESS)
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Within 15 days from submission
ATCA
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BEYOND 15 days
DEEMEDAPPROVED
OR
EFFECT OF TAD Availment
The availment of the Tax Amnesty onDelinquencies and the issuance of thecorresponding APF do not imply anyadmission of criminal, civil or administrativeliability on the part of the availing taxpayer.
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The availment of the Tax Amnesty onDelinquencies and the issuance of thecorresponding APF do not imply anyadmission of criminal, civil or administrativeliability on the part of the availing taxpayer.
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EFFECT OF TAD Availment
The availment of the Tax Amnesty onDelinquencies and the issuance of thecorresponding APF do not imply anyadmission of criminal, civil or administrativeliability on the part of the availing taxpayer.
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The availment of the Tax Amnesty onDelinquencies and the issuance of thecorresponding APF do not imply anyadmission of criminal, civil or administrativeliability on the part of the availing taxpayer.
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IMMUNITIES AND PRIVILEGES
The tax delinquency shall be considered settled and the criminal case and itscorresponding civil or administrative case, if applicable, be terminated.
The taxpayer shall be immune from all suits or actions, including the payment ofsaid delinquency or assessment, as well as additions thereto, and from allappurtenant civil, criminal, and administrative cases, and penalties.
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The taxpayer shall be immune from all suits or actions, including the payment ofsaid delinquency or assessment, as well as additions thereto, and from allappurtenant civil, criminal, and administrative cases, and penalties.
Any notices of levy, attachments and/or warrants of garnishment issued againstthe taxpayer shall be set aside pursuant to a lifting of notice of levy/garnishmentduly issued by the BIR or its authorized representative.
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IMMUNITIES AND PRIVILEGES
The tax delinquency shall be considered settled and the criminal case and itscorresponding civil or administrative case, if applicable, be terminated.
The taxpayer shall be immune from all suits or actions, including the payment ofsaid delinquency or assessment, as well as additions thereto, and from allappurtenant civil, criminal, and administrative cases, and penalties.
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The taxpayer shall be immune from all suits or actions, including the payment ofsaid delinquency or assessment, as well as additions thereto, and from allappurtenant civil, criminal, and administrative cases, and penalties.
Any notices of levy, attachments and/or warrants of garnishment issued againstthe taxpayer shall be set aside pursuant to a lifting of notice of levy/garnishmentduly issued by the BIR or its authorized representative.
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IMMUNITIES AND PRIVILEGES
Upon full compliance with all the conditionsand payment of the corresponding tax ondelinquency, the tax amnesty granted shallbecome final and irrevocable.
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Upon full compliance with all the conditionsand payment of the corresponding tax ondelinquency, the tax amnesty granted shallbecome final and irrevocable.
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IMMUNITIES AND PRIVILEGES
Upon full compliance with all the conditionsand payment of the corresponding tax ondelinquency, the tax amnesty granted shallbecome final and irrevocable.
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Upon full compliance with all the conditionsand payment of the corresponding tax ondelinquency, the tax amnesty granted shallbecome final and irrevocable.
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ESTATE TAXESTATE TAXAMNESTYAMNESTY
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ESTATE TAXESTATE TAXAMNESTYAMNESTY
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ESTATE TAXESTATE TAXAMNESTYAMNESTY
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ESTATE TAXESTATE TAXAMNESTYAMNESTY
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Estate of decedents whodied on or before December31, 2017
Estate of decedents whodied on or before December31, 2017
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COVERAGE
COVERAGE
Estate of decedents whodied on or before December31, 2017
Estate of decedents whodied on or before December31, 2017
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COVERAGE
COVERAGE
Estate of decedents whodied on or before December31, 2017
Estate of decedents whodied on or before December31, 2017
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Estate of decedents whodied on or before December31, 2017
Estate of decedents whodied on or before December31, 2017
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with or without assessments duly issuedthereforwith or without assessments duly issuedtherefor
that have remained unpaid or have accrued asof December 31, 2017that have remained unpaid or have accrued asof December 31, 2017
COVERAGE
COVERAGE
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that have remained unpaid or have accrued asof December 31, 2017that have remained unpaid or have accrued asof December 31, 2017
shall not cover persons or cases enumeratedunder Exceptionsshall not cover persons or cases enumeratedunder Exceptions
COVERAGE
COVERAGE
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with or without assessments duly issuedthereforwith or without assessments duly issuedtherefor
that have remained unpaid or have accrued asof December 31, 2017that have remained unpaid or have accrued asof December 31, 2017
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that have remained unpaid or have accrued asof December 31, 2017that have remained unpaid or have accrued asof December 31, 2017
shall not cover persons or cases enumeratedunder Exceptionsshall not cover persons or cases enumeratedunder Exceptions
EXCEPTIONS
Falling under the jurisdiction of the Presidential Commission on Good Government (PCGG);
Involving unexplained or unlawfully acquired wealth under Republic Act (RA) No. 3019, otherwiseknown as the “Anti-Graft and Corrupt Practices Act” and Republic Act No. 7078 otherwise knownas “An Act Defining and Penalizing the Crime of Plunder”;
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Properties involved in cases pending in courts:
Involving unexplained or unlawfully acquired wealth under Republic Act (RA) No. 3019, otherwiseknown as the “Anti-Graft and Corrupt Practices Act” and Republic Act No. 7078 otherwise knownas “An Act Defining and Penalizing the Crime of Plunder”;
Involving violations of RA No. 9160 (“Anti-Money Laundering Act’”);
Involving tax evasion and other criminal offenses under Chapter II of Title X of the NIRC, asamended.
Estate tax cases subject of final and executory judgement by the courts.21
Involving felonies of frauds, illegal exactions and transactions, and malversation of public funds and propertyunder Chapter III and IV of Title VII of the Revised Penal Code; and
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EXCEPTIONS
Falling under the jurisdiction of the Presidential Commission on Good Government (PCGG);
Involving unexplained or unlawfully acquired wealth under Republic Act (RA) No. 3019, otherwiseknown as the “Anti-Graft and Corrupt Practices Act” and Republic Act No. 7078 otherwise knownas “An Act Defining and Penalizing the Crime of Plunder”;
21
Involving unexplained or unlawfully acquired wealth under Republic Act (RA) No. 3019, otherwiseknown as the “Anti-Graft and Corrupt Practices Act” and Republic Act No. 7078 otherwise knownas “An Act Defining and Penalizing the Crime of Plunder”;
Involving violations of RA No. 9160 (“Anti-Money Laundering Act’”);
Involving tax evasion and other criminal offenses under Chapter II of Title X of the NIRC, asamended.
Estate tax cases subject of final and executory judgement by the courts.21
Involving felonies of frauds, illegal exactions and transactions, and malversation of public funds and propertyunder Chapter III and IV of Title VII of the Revised Penal Code; and
Within two (2) years from the effectivity of the IRR
Estate Tax Amnesty ReturnWHAT to File?
WHEN to File?
RESIDENT DECEDENT
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RDO which has jurisdiction over the last residence ofthe decedent
Within two (2) years from the effectivity of the IRR
WHERE to File?
Submit “Paid” Estate Tax Amnesty Return, with alldocumentary requirements
HOW to File?
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Within two (2) years from the effectivity of the IRR
Estate Tax Amnesty Return
RESIDENT DECEDENT
22
RDO which has jurisdiction over the last residence ofthe decedent
Within two (2) years from the effectivity of the IRR
Submit “Paid” Estate Tax Amnesty Return, with alldocumentary requirements
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Non-resident decedents
RDO No. 39, or any RDO which shallbe indicated in the IRR
Where to file?
NON-RESIDENT DECEDENT
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Non-resident decedents
RDO No. 39, or any RDO which shallbe indicated in the IRR
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Non-resident decedents
RDO No. 39, or any RDO which shallbe indicated in the IRR
NON-RESIDENT DECEDENT
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Non-resident decedents
RDO No. 39, or any RDO which shallbe indicated in the IRR
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TAX AMNESTY RATE AND FILING
Based on the decedent’s totalnet estate at the time of death6%
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Based on the decedent’s totalnet estate at the time of death
If an estate tax return waspreviously filed, the basis shallbe the net undeclared estate
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TAX AMNESTY RATE AND FILING
Based on the decedent’s totalnet estate at the time of death6%
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Based on the decedent’s totalnet estate at the time of death
If an estate tax return waspreviously filed, the basis shallbe the net undeclared estate
6%24
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If the estate involved has properties whichare still in the name of another decedent ordonor, the heirs, executors or administratorsthereof shall file ALL the Estate Tax Amnesty
Returns
Note
ESTATE TAX AMNESTY
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If the estate involved has properties whichare still in the name of another decedent ordonor, the heirs, executors or administratorsthereof shall file ALL the Estate Tax Amnesty
Returns
RGI CPAs 2019 25
If the estate involved has properties whichare still in the name of another decedent ordonor, the heirs, executors or administratorsthereof shall file ALL the Estate Tax Amnesty
Returns
ESTATE TAX AMNESTY
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If the estate involved has properties whichare still in the name of another decedent ordonor, the heirs, executors or administratorsthereof shall file ALL the Estate Tax Amnesty
Returns
TAX AMNESTY RATE AND FILING
P 5,000
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P 5,000Minimum Estate Tax Amnesty
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TAX AMNESTY RATE AND FILING
P 5,000
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P 5,000Minimum Estate Tax Amnesty
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TAP (TAX AMNESTY PROCESS)
ETAR+
APF “PAID”
ETAR+
APF “PAID”
STAMP“RECEIVED”BY BIR RDO
STAMP“RECEIVED”BY BIR RDO
RDO submission
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ETAR+
APF “PAID”
ETAR+
APF “PAID”
STAMP“RECEIVED”BY BIR RDO
STAMP“RECEIVED”BY BIR RDO
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TAP (TAX AMNESTY PROCESS)
STAMP“RECEIVED”BY BIR RDO
STAMP“RECEIVED”BY BIR RDO
Within 15 days from submission
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Certificate ofAvailment of
Estate TaxAmnestySTAMP
“RECEIVED”BY BIR RDO
STAMP“RECEIVED”BY BIR RDO
BEYOND 15 days27
Certificate ofAvailment of
Estate TaxAmnesty
DEEMEDAPPROVED
OR
ESTATE TAX AMNESTY POLICY
Without prejudice to compliance with applicable lawson succession as a mode of transfer, the Bureau ofInternal Revenue, in coordination with the applicableregulatory agencies, shall set up a system enabling thetransfer of title over properties to heirs and/orbeneficiaries and cash withdrawals from the bankaccounts of the decedent, when applicable.
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Without prejudice to compliance with applicable lawson succession as a mode of transfer, the Bureau ofInternal Revenue, in coordination with the applicableregulatory agencies, shall set up a system enabling thetransfer of title over properties to heirs and/orbeneficiaries and cash withdrawals from the bankaccounts of the decedent, when applicable.
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ESTATE TAX AMNESTY POLICY
Without prejudice to compliance with applicable lawson succession as a mode of transfer, the Bureau ofInternal Revenue, in coordination with the applicableregulatory agencies, shall set up a system enabling thetransfer of title over properties to heirs and/orbeneficiaries and cash withdrawals from the bankaccounts of the decedent, when applicable.
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Without prejudice to compliance with applicable lawson succession as a mode of transfer, the Bureau ofInternal Revenue, in coordination with the applicableregulatory agencies, shall set up a system enabling thetransfer of title over properties to heirs and/orbeneficiaries and cash withdrawals from the bankaccounts of the decedent, when applicable.
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EFFECTS OF ESTATE TAX AMNESTYAVAILMENT
Taxpayers who avail of the Estate Tax Amnesty shall:
• be immune from the payment of all estate taxes, as well as anyincrements and additions thereto, arising from the failure to payany and all estate taxes for taxable year 2017 and prior years, andfrom all appurtenant civil, criminal, and administrative cases andpenalties under the National Internal Revenue Code of 1997, asamended.
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• be immune from the payment of all estate taxes, as well as anyincrements and additions thereto, arising from the failure to payany and all estate taxes for taxable year 2017 and prior years, andfrom all appurtenant civil, criminal, and administrative cases andpenalties under the National Internal Revenue Code of 1997, asamended.
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EFFECTS OF ESTATE TAX AMNESTYAVAILMENT
Taxpayers who avail of the Estate Tax Amnesty shall:
• be immune from the payment of all estate taxes, as well as anyincrements and additions thereto, arising from the failure to payany and all estate taxes for taxable year 2017 and prior years, andfrom all appurtenant civil, criminal, and administrative cases andpenalties under the National Internal Revenue Code of 1997, asamended.
29
• be immune from the payment of all estate taxes, as well as anyincrements and additions thereto, arising from the failure to payany and all estate taxes for taxable year 2017 and prior years, andfrom all appurtenant civil, criminal, and administrative cases andpenalties under the National Internal Revenue Code of 1997, asamended.
CONFIDENTIALITYCONFIDENTIALITYAND NONAND NON--USEUSE
OF INFORMATIONOF INFORMATIONAND DATAAND DATA
AND AMENDMENTAND AMENDMENTTO THE STA/SALNTO THE STA/SALN
30
CONFIDENTIALITYCONFIDENTIALITYAND NONAND NON--USEUSE
OF INFORMATIONOF INFORMATIONAND DATAAND DATA
AND AMENDMENTAND AMENDMENTTO THE STA/SALNTO THE STA/SALN
30RGI CPAs 2019
CONFIDENTIALITYCONFIDENTIALITYAND NONAND NON--USEUSE
OF INFORMATIONOF INFORMATIONAND DATAAND DATA
AND AMENDMENTAND AMENDMENTTO THE STA/SALNTO THE STA/SALN
30
CONFIDENTIALITYCONFIDENTIALITYAND NONAND NON--USEUSE
OF INFORMATIONOF INFORMATIONAND DATAAND DATA
AND AMENDMENTAND AMENDMENTTO THE STA/SALNTO THE STA/SALN
30
CONFIDENTIALITY AND NON-USE OFINFORMATION AND DATA
Any information or data contained in, derived from orprovided by a taxpayer in the Tax Amnesty Return,Statement of Total Assets or Statement of Assets,Liabilities, and Networth, as the case may be andappurtenant documents shall be confidential in natureand shall not be used in any investigation or prosecutionbefore any judicial, quasi-judicial, and administrativebodies.
31
Any information or data contained in, derived from orprovided by a taxpayer in the Tax Amnesty Return,Statement of Total Assets or Statement of Assets,Liabilities, and Networth, as the case may be andappurtenant documents shall be confidential in natureand shall not be used in any investigation or prosecutionbefore any judicial, quasi-judicial, and administrativebodies.
31RGI CPAs 2019
CONFIDENTIALITY AND NON-USE OFINFORMATION AND DATA
Any information or data contained in, derived from orprovided by a taxpayer in the Tax Amnesty Return,Statement of Total Assets or Statement of Assets,Liabilities, and Networth, as the case may be andappurtenant documents shall be confidential in natureand shall not be used in any investigation or prosecutionbefore any judicial, quasi-judicial, and administrativebodies.
31
Any information or data contained in, derived from orprovided by a taxpayer in the Tax Amnesty Return,Statement of Total Assets or Statement of Assets,Liabilities, and Networth, as the case may be andappurtenant documents shall be confidential in natureand shall not be used in any investigation or prosecutionbefore any judicial, quasi-judicial, and administrativebodies.
31
Any SALN, financial statements, information sheets, andany such other statements or disclosures that may havebeen previously submitted by the taxpayer as requiredby existing laws are deemed to have been amended bythe Tax Amnesty Return and/or the STA or SALN, as thecase may be, and may not be the subject of anyinvestigation or prosecution or be used in anyinvestigation or prosecution before any judicial, quasi-judicial, and administrative bodies.
32
CONFIDENTIALITY AND NON-USE OFINFORMATION AND DATA
Any SALN, financial statements, information sheets, andany such other statements or disclosures that may havebeen previously submitted by the taxpayer as requiredby existing laws are deemed to have been amended bythe Tax Amnesty Return and/or the STA or SALN, as thecase may be, and may not be the subject of anyinvestigation or prosecution or be used in anyinvestigation or prosecution before any judicial, quasi-judicial, and administrative bodies.
32RGI CPAs 2019
Any SALN, financial statements, information sheets, andany such other statements or disclosures that may havebeen previously submitted by the taxpayer as requiredby existing laws are deemed to have been amended bythe Tax Amnesty Return and/or the STA or SALN, as thecase may be, and may not be the subject of anyinvestigation or prosecution or be used in anyinvestigation or prosecution before any judicial, quasi-judicial, and administrative bodies.
32
CONFIDENTIALITY AND NON-USE OFINFORMATION AND DATA
Any SALN, financial statements, information sheets, andany such other statements or disclosures that may havebeen previously submitted by the taxpayer as requiredby existing laws are deemed to have been amended bythe Tax Amnesty Return and/or the STA or SALN, as thecase may be, and may not be the subject of anyinvestigation or prosecution or be used in anyinvestigation or prosecution before any judicial, quasi-judicial, and administrative bodies.
32
TTHHAANNKK YYOOUU!!
33
TTHHAANNKK YYOOUU!!
33RGI CPAs 2019
TTHHAANNKK YYOOUU!!
33
TTHHAANNKK YYOOUU!!
33
![Service Tax Voluntary Compliance Encouragement Scheme, 2013 [Chapter VI of Finance Act, 2013] Amnesty Scheme – Updated with Department Clarification.](https://static.fdocuments.us/doc/165x107/56649dde5503460f94ad6daa/service-tax-voluntary-compliance-encouragement-scheme-2013-chapter-vi-of.jpg)
