Tax Law, Estates

IT’S OFFICIAL! The Estate Tax Amnesty is EXTENDED

The Estate Tax Amnesty Act Extension is OFFICIAL. RA 11569 extends the Estate Tax Amnesty until June 14, 2023. It was officially approved today (June 30) and will take effect 15 days from publication in the Official Gazette.

Implementing Rules and Regulations are to be issued but we expect them to be almost just the same as before. For those who didn’t make it, here’s your chance!

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