Scribd Logo
Upload

Welcome to Scribd!

  • 44 views

    Republic of The Philippines Department of Finance Revenue Region No. 08 Revenue District Office No. 049 North Makati

    Uploaded by

    Hanabishi Rekka
    The memorandum summarizes the estate tax investigation of the late Mr. Roberto G. Genuino who died intestate in 2016. It finds that: 1) His estate was left to his 5 legitimate heirs; 2) On July 30, 2018, his heirs paid the corresponding estate tax of PHP1,373,774.81 which included the tax due, surcharges, interest, and penalties; 3) All estate tax requirements have now been properly complied with. The officer therefore recommends issuing a Certificate Authorizing Registration.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Republic of The Philippines Department of Finance Revenue Region No. 08 Revenue District Office No. 049 North Makati

    Uploaded by

    Hanabishi Rekka
    44 views2 pages
    The memorandum summarizes the estate tax investigation of the late Mr. Roberto G. Genuino who died intestate in 2016. It finds that: 1) His estate was left to his 5 legitimate heirs; 2) On July 30, 2018, his heirs paid the corresponding estate tax of PHP1,373,774.81 which included the tax due, surcharges, interest, and penalties; 3) All estate tax requirements have now been properly complied with. The officer therefore recommends issuing a Certificate Authorizing Registration.

    Original Description:

    Original Title

    ESTATE OF ROBERTO GENUINO.docx

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The memorandum summarizes the estate tax investigation of the late Mr. Roberto G. Genuino who died intestate in 2016. It finds that: 1) His estate was left to his 5 legitimate heirs; 2) On July 30, 2018, his heirs paid the corresponding estate tax of PHP1,373,774.81 which included the tax due, surcharges, interest, and penalties; 3) All estate tax requirements have now been properly complied with. The officer therefore recommends issuing a Certificate Authorizing Registration.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    44 views2 pages

    Republic of The Philippines Department of Finance Revenue Region No. 08 Revenue District Office No. 049 North Makati

    Uploaded by

    Hanabishi Rekka
    The memorandum summarizes the estate tax investigation of the late Mr. Roberto G. Genuino who died intestate in 2016. It finds that: 1) His estate was left to his 5 legitimate heirs; 2) On July 30, 2018, his heirs paid the corresponding estate tax of PHP1,373,774.81 which included the tax due, surcharges, interest, and penalties; 3) All estate tax requirements have now been properly complied with. The officer therefore recommends issuing a Certificate Authorizing Registration.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    Republic of the Philippines

    Department of Finance
    BUREAU OF INTERNAL REVENUE
    Revenue Region No. 08
    Revenue District Office No. 049
    North Makati

    MEMORANDUM FOR:
    The Revenue District Officer
    This District

    Thru: Channels

    Subject: Estate of the late MR. ROBERTOG. GENUINO


    1956 Flor de Liz St., La Paz, Makati City

    This refers to the investigation on the estate tax liabilities of the above-named decedent who died
    intestate on July 24, 2016 covered by Tax Verification Notice No. 2015 00026629 dated August 07, 2018.

    The Notice of Death was filed and was received by the Bureau on August 2, 2018.

    The decedent died leaving his estate to his legitimate heirs, namely:
    a. JOSE ROBERTO A. GENUINO, with TIN 194-021-774-000 and residence address at 22
    Pomona St., Mahogany Place 2, Acacia Estate Brgy. Bambong Taguig City;
    b. MA. MARGARITA A. GENUINO, TIN 201-364-107-000 and a resident of 1956 Flor de liz St.,
    Brgy. La Paz, Makati City;
    c. MARIA JESUSA G. TORRES, with TIN 900-260-632-000 and residence at 16 JC Coolidge St.
    Parkwood Village Phase 1 Brgy. Maybunga Pasig City;
    d. MARIA JOSERINA G. MATRO, having TIN 215-322-863-000 with residence at 2161 Samala
    St., Binakayan, Kawit Cavite;
    e. MIGUEL ROBERTO A. GENUINO, TIN 310-133-956-000 and a resident of 1956 Flor de liz
    St., Brgy. La Paz, Makati City;

    On July 30, 2018, the corresponding estate tax for his estate was paid and filed by his heirs, the details
    of which is as follows:

    Particulars Value/Amount
    Real Properties 9,825,449.17
    Personal Properties 0.00
    Gross Estate 9,825,449.17
    Less: Funeral Expenses 200,000.00
    Gross Taxable Estate 9,625,449.17
    Less: Special Deductions:
    Family Home 1,000,000.00
    Standard Deduction 1,000,000.00
    Medical Expenses 21,654.60 2,221,654.60
    Net Estate 7,603,794.57
    Share of Surviving Spouse 0.00
    Net Taxable Estate 7,603,794.57
    ESTATE TAX DUE 855,569.18
    Add: Increments:
    25% Surcharge 213,892.30
    20% Interest 273,313.33
    Compromise penalty 31,000.00 518,205.63
    Total Estate Tax Still Due 1,373,774.81
    Less: Payments Made 07/30/2018 1,373,774.81
    TOTAL AMOUNT PAYABLE 0.00
    In view of the foregoing, the undersigned respectfully recommends for the issuance of Certificate
    Authorizing Registration (CAR), after suitable review, as the requirements for the estate tax have been properly
    complied with.

    JOHN LOUIE O. ESGUERRA


    Revenue Officer

    Noted by:

    MARIA LINA M. AFICIAL


    Group Supervisor

    Approved by:

    ATTY. SHIRLEY A. CALAPATIA


    Revenue District Officer

    You might also like