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...
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ESTATE TAX AMNESTY EXTENDED

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 Magandang Araw❣️



Bill on Estate Tax Amnesty Extension  lapsed into law


This is a very good news! The Estate Tax Amnesty Extension lapsed into law on August 05, 2023. Meaning, it is good as approved even if the President didn't sign its approval.

When an approved bill is submitted to Malacanang for approval, the President has 30 days to sign and approve it. Since the president did not sign for its approval nor rejected it, it became a law after the 30 days period.


Republic Act (RA) No. 11956

It is now under Republic Act (RA) No. 11956, Extending the period of availment of the Estate Tax Amnesty until June 14, 2025, for another two years.  Also,  it is extending coverage of deaths up to May 31, 2022. This means, the Estate Tax Amnesty shall cover the estate of decedents who died on or before May 31, 2022.


Finally, 

This is a great help on the financial side for those who have not yet done their settlement of estates. Penalties and surcharges will not be charged under the amnesty period.

This is a good time to process settlement of estates. GOODLUCK EVERYONE!!!


Pamanafromancestors❤️

Source of information: official gazette.gov.ph



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