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Showing posts from June, 2021

The Next Hurdle: A Step-by-Step Guide to Getting Your BIR eCAR for Inherited Land

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  You’ve finally gathered the siblings, signed the Extrajudicial Settlement (EJS), and figured out the newspaper publication details. You might think the hardest part is behind you, but there is one massive gatekeeper you still have to pass before the property can officially be transferred to your names: the Bureau of Internal Revenue (BIR) . To change the name on a land title, the Registry of Deeds will strictly demand an eCAR (Electronic Certificate Authorizing Registration) . Think of the eCAR as your official "tax clearance" proving that the government has received its fair share of estate taxes. If your documents are disorganized, a single trip to your Revenue District Office (RDO) can quickly turn into a frustrating circle of rejections. Here is exactly how to navigate the BIR eCAR process without losing your mind—or your budget. 📋 The eCAR Document Checklist Before you step foot inside your specific RDO, make sure you have these core documents compiled neatly in a fol...

Part 4- Extra Judicial Settlement of Estate

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Hi again! Good day to all of you.  Hope everyone is in the best of health and everything is fine❤️. This is the 4th part of the Extra Judicial Settlement of Estate that I am currently working on.  Today, I would share the details when I presented the documents to the BIR ONETT team for evaluation and tax computation. Word/point to know- Decedent - the one who passed away and giving on the pamana via the Extra Judicial Settlement of Estate. Estate Tax Amnesty is extended for another 2 years or up to June 14, 2023, per information from BIR. Current news also stated that Senate has approved Senate Bill No. 2208 which sought to amend RA No. 11213 or the Tax Amnesty Act by extending the application period to June 14, 2023. Update as of June 30, 2021: President  Duterte signed Republic Act No. 11569, extending the June 14 deadline for applications of estate tax amnesty until June 14, 2023 . Documents review by ONETT-  Transacting with BIR may require a lot of time and lo...