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Republic of the Philippines
HOUSE OF REPRESENTATIVES
: Quezon City, Metro Manila

‘TWENTIETH CONGRESS
First Regular Session

HOUSE BILL NO. 173 s)

Introduced by Representative Ryan S. Recto

EXPLANATORY NOTE

This legislative measure seeks to further extend the period for availing Estate
Tax Amnesty by amending Republic Act (R.A.) No. 11213, as amended, otherwise
known as the Tax Amnesty Act.

The Tax Amnesty Act was enacted as a means to enhance revenue
administration and collection as well as to make the country’s tax system more
equitable through the simplification of tax compliance requirements. The law
presented an opportunity for taxpayers to settle their outstanding tax obligations,
specifically offering tax relief for estates with unpaid liabilities. The law covered
estates of decedents who passed on or before December 31, 2017 provided that their
estate taxes remained unsettled or had accrued by that date. The two-year tax relief
was originally slated to end on June 15, 2021. However, due to the disruptions brought
about by the COVID-19 pandemic, Republic Act No. 11569 amended R.A. 11213,
extending the estate tax amnesty period until June 14, 2023.

This measure aims to further extend the amnesty period to serve as a critical
lifeline for our fellow Filipinos whose financial capacity has been severely impacted by
ongoing economic challenges, thus preventing them from settling their estate tax
obligations. By providing them with the additional window until June 30, 2028, we can
provide them ample time to gather the necessary funds to comply with the
requirements without facing further costs.

In view of the foregoing, the immediate passage of this bill is earnestly sought.

'S. Recto
Re tative
6" District, Batangas



Republic of the Philippines
HOUSE OF REPRESENTATIVES
Quezon City, Metro Manila

‘TWENTIETH CONGRESS
First Regular Session

HOUSE BILL NO. 17393

Introduced by Representative Ryan S. Recto

AN ACT
FURTHER EXTENDING THE PERIOD OF AVAILMENT OF THE ESTATE TAX AMNESTY
UNTIL JUNE 30, 2028, AMENDING FOR THE PURPOSE SECTIONS 4, 6, AND 8 OF
REPUBLIC ACT NO. 11213, AS AMENDED

Be it enacted by the Senate and House of Representatives of the Philippines in Congress
assembled:
Section 1. Section 4 of Republic Act No. 11213, as amended, is hereby further

amended to read as follows:

"SEC. 4. Coverage. - There is hereby authorized and granted a tax
amnesty, hereinafter called Estate Tax Amnesty, which shall cover the
estate of decedents who died on or before [May-34,2022] MAY 31, 2024,
with or without assessments duly issued therefor, whose estate taxes
have remained unpaid or have accrued as of [May 34,2022] MAY 31, 2024:
Provided, however, That the Estate Tax Amnesty hereby authorized and
granted shall not cover instances enumerated under Section 9 hereof.”

Sec. 2. Section 6 of Republic Act No. 11213, as amended, is hereby further
amended to read as follows:

"SEC. 6. Availment of the Estate Tax Amnesty; When and Where to
File and Pay. - The executor or administrator of the estate, or is there is
no executor or administrator appointed, the legal heirs, transferees or
beneficiaries, who wish to avail of the Estate Tax Amnesty shall, within
[June-+5,-2023] JUNE 15, 2025 until [Sune+4, 2025] JUNE 30, 2028, file,
either electronically or manually, with any authorized agent bank, Revenue


District Office through Revenue Collection Officer, or authorized tax
software provider, a sworn Estate Tax Amnesty Return, in such forms as
may be prescribed in the Implementing Rules and Regulations, The
payments of the amnesty tax shall be made, either electronically or
manually, at the time the Return is filed with any authorized agent bank,
Revenue District Office through Revenue Collection Officer, or authorized
tax software provider: Provided, That the appropriate Revenue District
Officer shall issue and endorse an acceptance payment form, in such form
as may be prescribed in the Implementing Rules and Regulations of this
Act for the authorized agent bank, or in the absence thereof, the revenue
collection agent or authorized tax software provider concerned, to accept
the tax amnesty payment: Provided, further, That for the availment of the
estate tax amnesty, the requirements to be submitted to the Bureau of
Internal Revenue (BIR) by the filers of the estate tax amnesty shall be
limited to the following:

XxX"

Sec. 3. Section 8 of Republic Act No. 11213, as amended, is hereby further

amended to read as follows:

"SEC. 8. Immunities and Privileges. ~ Estates covered by the Estate
Tax Amnesty, which have fully complied with all the conditions set forth in
this Act, including the payment of the estate amnesty tax shall be immune
from the payment of all estate taxes, as well as any increments and
additions thereto, arising from the failure to pay any and all estate taxes for
the period ending [May-34,2022] MAY 31, 2024 and prior years, and from
all appurtenant civil, criminal, and administrative cases and penalties under
the National Internal Revenue Code of 1997, as amended.

XxX’

Sec. 4. Implementing Rules and Regulations (IRR). ~ The Secretary of Finance
shall, in coordination with the Commissioner of Internal Revenue, promulgate and


publish the necessary rules and regulations within ninety (90) days from the effectivity
of this Act.

Sec. 5. Separability Clause. ~ If any provision or part hereof is declared
unconstitutional, the remainder of this Act or any provision not affected thereby shall
remain in full force and effect.

Sec. 6. Repealing Clause. ~ All laws, acts, decrees, executive orders, issuances,
and rules and regulations or parts thereof which are contrary to and inconsistent with
this Act are hereby repealed, amended or modified accordingly.

Sec. 7. Effectivity. - This Act shall take effect fifteen (15) days after its
complete publication in the Official Gazette or in at least two (2) newspapers of general

circulation.

Approved,