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

Image
  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...

2023 Estate Tax Amnesty Extension


Magandang araw!


2023 Estate Tax Amnesty

Today I would like to share with you some good news about the 2023 Estate Tax Amnesty which is about to expire on June 14, 2023.


However, thanks God, the House of Representatives approved on third and final reading a bill extending the estate tax amnesty. It is under Republic Act (RA) No. 11213, extending two more years the estate tax amnesty, that would be up to year 2025.


Speaker Ferdinand Martin G. Romualdez is the principal author of House Bill (HB) No. 7909. This would give enough time for those concerned to avail of the amnesty and lower taxes. 


This is a very positive thing, as Speaker Hernandez took into consideration the financial constraints brought about by the pandemic. This is already a second extension, the first one was when it was extended to June 14, 2023.


It is expected to be signed into law by the President before the second State of the Nation Address (SONA) on July 24, 2023.


Thank you,

Pamanafromancestors❤️

Source of information: congress.gov.ph/press


Comments

Popular posts from this blog

LRA On-line Tracking System (LOTS)

DEED OF ABSOLUTE SALE

Pag ibig Loan Filing Part 2