Ang galing talaga ni Prof Gerard mag-explain ng mga tax topics. Mapa-english man or in Taglish 🙂 I've been watching your videos eversince. And your videos are always amazing! Looking forward for more topics from you sir.
Bro continue this updates, OK ung video mo, you have got clam slow voice, good illustrative presentations on computations, simple and quick vid is not boring
Sir, Ask lang po, yung decedent namatay sa US last October 2019 (resident na siya sa US) Ano po requirements sa BIR to Process the estate tax. BUYER po ako, yung lote lang din naman na Nabili ko ang nakalagay sa EJS namin. How to process at ano po requirements. Salamat po.
boss good day. my idea kaba kung magkano babayran sa estate tax sa agriculture land na 52k sq? baka kasi di kakayanin pag na process. namatay lolo namin noong 1997. ayaw ng bir sabihin kung magkano kasi. baka my my idea ka po. salamat
Hi Mark. Pwede mo tanungin assesor's office ng munisipyo baka kasi wala sa listing ng BIR ung Zonal Value kaya hindi nila magibay. Nasa website ng BIR mga zonal values in case makita mo. 6% ng wc ever is higher basis.
Ask lang po, nakabili kami ng lote at subject for estate tax. 232,400 ang amount ng lote na Nabili namin from the seller (asawa Ng namatay) , magkano po babayaran namin na estate tax. Namatay ang asawa na babae sa LOS ANGELES, CALIFORNIA, nakatira sa bagong pag asa quezon city, SAAN RDO kami magbabayad ng estate tax. Ano ang mga requirements, since maliit lang naman itong amount, magkano po ang estate tax nito. Please advise po. Thank you 🙏
Atty. paano kaya ang dapat gawin dahil na subdivide na yun lupa sa mga heirs yun isang portion 400 sq.m. ibebenta sa amin pero wala pang titulo ano po kaya ang mabuting paraan bago magbayad salamat po sa provincia po ito.
Hello sir paano if dli nlng ituloy Ang filling Malaki Ang babayarin sa real estate tax kaysa sa nabilin naming lote were just disappointed sa computation market value Ang basehan not the selling price nga relative connection how to avail nga malliit Ang babayarin na walang work Ang parents ko imagine almost 300k din asan kami kukuha niyan Kong lupa na walang buwis madali nilang nakawin walang tax din with doing due process Ang mahirap lalo pa nila pinahirapan lintik na BIR NA YAN .
Hi Good afternoon Atty. Ano po ba ang dadalhin sa BIR para malaman namen kung saan mag babawas ng estate tax amnesty na 6%. yun po bang Tax decleration dadahil po?
Ask lang po, Buyer po ako, May Extrajudicial settlement of estate March 2021 - (hindi po na publish ang EJS) and deed of sale May 2022 (separate documents). Ok lang po ba ito, o dapat mag ka pareho po ang date ng extra judicial settlement at ang deed of sale. EJS 2021 (wala po bang penalty ito sa BIR) Concern ko po: yung lote lang po ba na Nabili ko sa seller ang Subject sa estate tax. Hindi na po ba Masasangkot ang iba pa nilang property. Please advise po. Maraming Salamat po.
Ask lang po, Buyer po ako, pwede po ba ako ang magprocess ng estate tax (may Extrajudicial settlement of estate March 2021 - (hindi po na publish ang EJS) and deed of sale May 2022 separate documents). Ok lang po ba ito, o dapat mag ka pareho po ang date ng extra judicial settlement at deed of sale. Concern ko po: yung lote lang po ba na Nabili ko sa seller ang Subject sa estate tax. Hindi na po ba Masasangkot ang iba pa nilang property. Please advise po. Maraming Salamat po.
Sir kung joint ownership or shared ownership of property, 4 may ari ng property - it was bought not inherited. Bale po mag-asawang Filipino at mag-asawa na foreign citizen. Namatay po ang wife na ang asawa foreigner kailangan bang magbayad ng estate tax kahit buhay ang tatlong owners ng property? Salamat
Musta po kayo watchin from new york. ask ko lang po naulilanna kami sa tatay at nanay nung 2013 ano po ang gagawin namin magkakapatid kelangan pi ba kaming mag apply ng estate tax amnesty for this? pls help thanks
Possible ba sa mga malalaking ari-arian kapag hindi inasikaso agad ang estate tax at naipon at lumaki na ang bayarin o utang pwedeng kunin o tapatan ng gobyerno ang property nila? Katwiran hindi naman nila para ibenta . Salamat po.
Yung Gross Estate po ba ay nakukuha sa lahat ng ari arian ng namatay in total? Let say po meron siyang 3 lupa na property, 6% po ng lahat tatlo? Or per property ang bilangan?
@@gerardcarpizo Thank you sir. So if the descendant will pay for a 10M value property. Let us say this is already the higher value. So 6% is 600K minus possible deductions.
Ask lang po, nakatira sa Pag asa quezon city pero namatay sa Los Angeles California, saan po kami pupunta na RDO to pay estate tax. RDO 38 OR RDO 39. Please advise po. Salamat po
If the decedent has no legal residence in the PH, estate tax would be filed in RDO 39. For a resident decedent it would be in the RDO he/she is registered.
@@gerardcarpizo nakatira po sila sa Pag asa quezon city RDO 38, pero nag wowork sa los Angeles California at dun namatay. Saan po kami RDO magbabayad ng estate tax RDO 38 OR RDO 39. Much better punta nalang sa RDO 39, tama po ba Please advise. Thank you
Hi Robie. One time--all properties of the decedent is combined and shall be the basis of the 6% estate tax rate. You can also inquire in the BIR if it could be qualified for installment payment.
Hi sir! Nkabili kc ako ng lupa with extra judicial, ngaun ipapatranfer ko na, ibig b sabihin 13.5% babayaran ko ksama cgt, docs stamp at state tax?thanks in advnce po s pag sagot.
Puede po bang masubject to Compromise under the Tax Amnesty ang na compute na Donors’ Taxes dahil meron ngWaiver sa mga heirs in favor of two of the co-heirs of some properties? Puede ba subject to Compromise yong Interests and Penalties, under the Tax Amnesty and under the TRAIN LAW❓ Salamat po‼️
If June 14, 2023 tax amnesty deadline is not met. Say, the TCT is in the name of 2 married Pinoy couple: Spouses A and Spouses B. So when will the counting start, from the last spouse to pass away?
Hello Sir GERARD.. thank you for all your great educational videos.. Anyway my parents died on 1/4/04 & 5/5/2012.. what date will the ESTATE be based on??? Is it the 5/5/2011??? Since the property was automatically Transferred to the descents ' Spouse who passed seven years after the husband.. Both decedents were US citizens at the time of their deaths.. Is it the 2011 date..???
Sir ask ko lang po ang Pros and Cons of Joint Account in terms of estate planning. I have a joint account with my mother. If either one of us passes away, will there be any problems on who can withdraw from the account ? Will it be subject to estate tax?
hello po is it possible po ba na pipiliin lang yung property na babayaran? example if yong namatay have 3 titled property dalawa lang ang babayaran pwede po ba yun? yung isa hindi na babayadan dahil hindi naman mapakinabangan? tha k you po
Hi Esmael. Strictly speaking all the properties that should be listed for the extrajudicial settle of the estate for estate tax purposes. Thus if not declared will be subject to penalties, If the property left out is material it may be prima facie evidence of fraud.
Kung may extra judicial settlement po, kung hindi po settled ang taxes due, hindi niyo po mattransfer ang title ng property kasi wala pong eCAR from BIR.
Hi LAV. Yes, kung interesado silang makuha yung mana nila from the decedent. If meron, pwede nila kunin pambayad sa naiwan na bank deposits ng decedent provided may 6% withholding ang banko.
@@gerardcarpizo marami salamat po..eh halimbawa po pala kung hinuhulugan ang lupa ( GSIS) bayad na po sya kaso kinamatayan na nung may ari hindi pa po nalipat sa pangalan nya?
Hi Sir, not related in estate tax. I have question regarding input tax po. I commented po in your video about input tax di ko po kasi sure if makikita nyo. Ask ko lang po if we can claim the input vat for expenses like fuel and oil, parking and toll fees, office supplies and other expenses na may input vat sa receipts para po sa 2550M&Q filing?
Yes, the property under the name of a minor could be sold if he/she is represented by the parent/guardian. For property registration duly notarized affidavit of the parent(s) must be submitted.
Ask lang po how to pay estate tax, kung yung decedent namatay sa US. kung pwede naba magbayad ng estate tax kahit wala pa yung publication (complete na requirements except publication) Please advise po. Thank you 🙏
Yes, bec. publication in not a requirement in paying the estate tax. If the decedent died in the US and has no legal address in the PH, the estate tax could be paid in any Authorized Agent Bank while the return filed in RDO 39.
@@gerardcarpizo Thank you so much sa info, so we can proceed to the bir without publication, but Sir i'm the Buyer (not heirs). Is that ok. Last concern and please guide me, may deed of sales na po kami ng seller, na ang dapat ay extra judicial settlement of estate with sale ang ginamit (dahil patay na yung asawa nya) Using Deed of sales, may tatak na po sa BIR at sa Assessor's office already settled all taxes. CGT at doc stamp, Released narin ang CAR. Kung magpapagawa po kami ng Extrajudicial settlement of estate with sale at magprocess sa estate tax, concern ko po. Magbabayad ba ulit kami sa BIR ng mga taxes, cgt, doc stamp using EXTRA JUDICIAL SETTLEMENT OF ESTATE WITH ABSOLUTE SALE. (kahit processed na sa bir yung deed of sale namin) RDO 25B - Processed all taxes cgt at doc stamp RDO 39 - will process estate tax Required po kasi ang extra judicial settlement sa Registry of deeds. Please advise po. Salamat po 🙏 🙏
Hello Sir. Salamat sa mga informative videos na ganito. Tanong ko lang po, paano kung sa dalawa nkapangalan ang lupa? Tita at Tatay ko. Dec-2014 at June 2017 sila namatay pero hanggang ngaun ay wala pang nkakapag-settle sa aming pitong magpipinsan ng paglilipat ng mga pangalan sa titulo. Makaka-avail pa ba kami ng Estate Tax Amnesty? Pwede na po ba pagsabayin or pag-isahin ang filing? At may babayaran din po ba sa pag-avail Tax Amnesty? Pasensya na po sa dami ng mga tanong. Bihira po kc ung mga gnitong topics at gaya nyong magaling magpaliwanag. =) God bless you Sir!
Hi Khadija. If the business left by the decedent is dissolved due to death, the heirs/administrator will be the one to settle the open cases in order for the BIR eCAR to be issued.
@@gerardcarpizo salamat po sa reply, another question po is never nag operate yong business as in zero return. Nag apply lng sila ng business permit pero di rin ginamit, that was 20yrs ago. My pananagutan parin ba si heirs?
The business/estate is still liable for penalties for non-filing of returns as the BIR was not aware of the non-operation of business thus may result to open case. The properties under the business cannot be transferred to the heirs unless the taxes/penalties are settled.
Hlimbawa po hindi po kmi nkafile ng estate tax mula nong nmatay Mr. Yr. 2009 po pro byad nman ng amilyar ko at binenta ko po my dlawa anak mlki po b bbyaran ko estate tax
Kung hindi niyo na po na avail ang estate tax amnesty, yung tax due and penalty (interest, surcharge, compromise penalty) ay from 2009 to present, kaya depende po sa halaga ng property yung babayaran.
Check niyo p yung tax declaration ng property, tapos imultiply niyo sa 40% kasi agricultural, then multiply niyo po sa 1% RPT rate. Ask niyo nalang po sa Treasurer's office kung may discount or may SEF.
so, i ibig po bang sabihin, yung mga anak o asawa ng namatay hindi sila dapat ang mgbayad sa estate tax ng deceased? kasi magkaiba ang inheritance at estate tax? salamat po.
Normally yung heirs ang mag ssettle unless may administrator kasi sila ang highly interested sa pag settle ng estate. Kung walang pambayad sa tax ng heirs allowed na ang mag withdraw sa bank accounts ng decedent provided may withholding na 6% from bank.
@@gerardcarpizo ah, ganon po. salamat po sa pag-esplika. naiintindihan ko na po kung bakit ganon. 😊 magulo po pala talaga ung case ng kilalang tao. lalo na sa tagal na ng panahon.... salamat po 😊
good pm po asked q lang may na assume po akong bahay at lupa sa isang subd.true pag ibig po tapos namatay ang barowerr nabili q po last2014 nay deed of sale po kami dated ng 2015 after q po ma paid inutang q po kc ng six month yun po napag usapan namin.pero ang pero 2016 po na check q na mali mali information ng details ng barrower kaya binago po ang aming document ng 2016.lahat po yun kumpleto pirmado nilang mag asawa kasal po kc sila.ang problema ko po attorney matapos mamatay ang lalaki na barrower kinuha po ng asawa ang papel o titulo sa Trece pinaalam namn nya sakin pero pinababayaran nya ulit halos katulad ng amount na binayad ko asa bintahan namin kaso hondi po alp pumayag kasi bayad nako madoble po ang pagbili q bale sa bahay.ang problema po ayaw nya ibigay sakin ang nasabing titulo ano po kaya dapat kong gawin
Good evening po attorney. Ask ko lang po about sa estate tax. Paano po kaya pag yung isa sa owner ng property ang namatay at yung isa po ay buhay pa naman, need na po ba magbayad ng estate tax? This September 2023 mag 1 year na po patay yung isa sa may ari ng property. Ang nakasulat po kasi sa property X and Y married to Z. Si Y po yung namatay na may asawa Z at 3 anak. Si X po ay kapatid ni Y . Salamat po
Yes po, need po file ng estate tax pertaining to the portion owned by the decedent. Best to file asap to avoid or lessen penalties for late filing/payment. You can inquire in the BIR in the place of residence of the decedent for the requirements.
Hi sir paano po Kung ang property namin ay nakapangalan sa papa at mama namin,namatay po papa namin noong 1999..ngayon buhay pa po ang mama namin,at binebenta n po namin ung lupa kailangan pa po ba ang estate tax ng papa namin..salamat po
Yes, kasi yung share of surving spouse ang napunta sa mama nio, as compulsary heirs may share na kayo sa estate ng papa nio. Kaya need maprocess estate tax para sa eCAR pag ibebenta ung lupa.
Hi sir , CLOA LAND ang lot ni tatay at si tatay namatay nung 2018 feb. Si nanay buhay pa , magkano kaya pwede bayaran nang estate tax nun ? Yung area is 8873 sq.m agricultural land CLOA !? sana masagut niyo po at para makakuha nang idea . Salamat po
Hello. One of the basis of the valuation is the market value in the Tax Declaration wc is assessed by the LGU in the assessor's office. That could be the basis for the 6% of the estate tax.
Good day Sir ask ko lng po need ko po ba magpay ng estate tax sa akin naman po makaname ang title at sa asawa ko po e namatay na po sya last yr july 18 po Thank you in advance Sir❤
Sir can u make an example of computation, what if po hndi pa fully paid sa bank ang house, then the wife died? Gstong ibenta ng husband ang property. The house total contract price po is 1.7M
Hi May. The 6% estate tax related to the property would be wc ever is higher between the assessed value, market value and selling price. The title of the house and lot shall be annotated on the unsettled mortgage.
Hi Ken. If the commission is classified as other compensation then it will be subject to withholding tax. But either way still be subject to income taxes.
Hi Lawrence. Pag late filing may interest, surcharge at compromise penalty. Kung walang amnesty walang penalties. Hindi po kasi lage may amnesty, tulad nalang ng pag extend ng estate tax amnesty.
Depende po kung final and executory na yung delinquent tax. Pwede nio panuorin ito baka makatulong: ruclips.net/video/v_UvVEQ3Db0/видео.htmlsi=BcfvN_YWYp2TKJgi
Attorney, Please discuss the 200B estate tax connected to BBM so that we will be enlightened. my intention is not to be political. but it is the best example right now since it is trending.
If you need to enlightenment, Hindi nya na kailangan pang I discuss how 200B related/connected to PBBM, sa video na ginawa nya mapag tatanto mo na kung paano ito naging related, 🤷 I don't know exactly how it is... But for me siguro ganun kalaki talaga Ang ari - Arian ni Ferdinand Kasi ang sabi Naman 6% lang naman right? at ayun sa Iba kong napanuod at sa mga explanation nila, kada taon ehhh na dadagdagan ito at lalaki ng lalaki🤷 pero sa tingin ko dinidiin lang nila si BBM sa 200B idk lang hindi sapag mamarunong sa tingin ko, nakay BBM Naman yun kung babayaran nya Yung 200B para mapunta sa kanya o ma transfer sa kanya yung ganuong kalaking ari arian... Correct me if I wrong, I'm just sharing kung ano man yung alam ko❤️
Imagine if 200b ung 6% Ilang trilyon kaya ung buong asset. Base on my mathemathecal knowledge that is around 3,000,000,000,000 quadrillion peso or 60trilyon dollars. Kaya wrong move ung dilaw Nung inuungkat nila ung estate tax.
Hi Atty 8 years ng hindi nababayaran ang real estate tax o amilyar ng bahay mula ng ni loan sa banko hindi pa nababayaran ang amilyar ano ho ang mangyayari sa ni loan na bahay
Magkakaroon ng interest, surcharge and penalty sa unpaid taxes. Also, hindi kayo makakakuha ng Tax Clearance sa munisipyo niyo. Ginagamit tax clearance kasi kung ittransfer yung property sa ibang tao tulad sa pamana or sale of property.
Ang galing talaga ni Prof Gerard mag-explain ng mga tax topics. Mapa-english man or in Taglish 🙂 I've been watching your videos eversince. And your videos are always amazing! Looking forward for more topics from you sir.
Thank you for the generous comment. 😊
@@gerardcarpizo hi sir my fb page po ba kau need kc nung iba malaman kung ano b ang estate tax,ung iba kc ms active s fb
ahaha.. Grabe, Compared sa ibang napanood ko.. Ang simple po ng explanation nyo.. andaling intindihin. Salamat po ng marami.
Bro continue this updates, OK ung video mo, you have got clam slow voice, good illustrative presentations on computations, simple and quick vid is not boring
Thank you for the feedback, much appreciated. 😊
Best help and very informative
ayy G ko na talaga. Salamat Sir
Thank you po Sir
Sir, can you make video re: BIR reqmnts for estate tax payment
thanks for the vid. Sir add kayo ng mic at ng carpet sa ilalim nyo nag eecho kasi yung boses nyo po medyo mataas yung bass. Thanks po.
Will do, thanks for the suggestion! ☺
Thank you sir
Thanks for watching too.
Sir, Ask lang po, yung decedent namatay sa US last October 2019 (resident na siya sa US) Ano po requirements sa BIR to Process the estate tax.
BUYER po ako, yung lote lang din naman na Nabili ko ang nakalagay sa EJS namin.
How to process at ano po requirements. Salamat po.
Hi! Could you make a video about inheritance tax? Tia!
Hi Meeka. In the PH's national taxes, there is no inheritance only estate tax.
Attorney, ano po b ibig sbihin ng general revision of 2022(RPT) Hopefully, mabasa nyo ito. Bagong subscriber nyo
boss good day. my idea kaba kung magkano babayran sa estate tax sa agriculture land na 52k sq? baka kasi di kakayanin pag na process. namatay lolo namin noong 1997. ayaw ng bir sabihin kung magkano kasi. baka my my idea ka po. salamat
Hi Mark. Pwede mo tanungin assesor's office ng munisipyo baka kasi wala sa listing ng BIR ung Zonal Value kaya hindi nila magibay. Nasa website ng BIR mga zonal values in case makita mo. 6% ng wc ever is higher basis.
Hi, would you know if subjected to estate tax ang pagibig MP2? Thank you
Hi sir. Ask kolang po How to compute the individual income tax?
Hi Jevee. You can watch this video to learn how to compute individual income tax: ruclips.net/video/4sZluTXvDeE/видео.html
sir, so wala talaga kinalaman ang buyer ng lupa sa estate tax?
Ask lang po, nakabili kami ng lote at subject for estate tax. 232,400 ang amount ng lote na Nabili namin from the seller (asawa Ng namatay) , magkano po babayaran namin na estate tax.
Namatay ang asawa na babae sa LOS ANGELES, CALIFORNIA, nakatira sa bagong pag asa quezon city, SAAN RDO kami magbabayad ng estate tax.
Ano ang mga requirements, since maliit lang naman itong amount, magkano po ang estate tax nito.
Please advise po. Thank you 🙏
Attorney tanong lang po, gaano kalaking ari-arian ng namatay na magulang ang kailangang ibayad ng estate tax?
Atty. paano kaya ang dapat gawin dahil na subdivide na yun lupa sa mga heirs yun isang portion 400 sq.m. ibebenta sa amin pero wala pang titulo ano po kaya ang mabuting paraan bago magbayad salamat po sa provincia po ito.
Hello sir paano if dli nlng ituloy Ang filling Malaki Ang babayarin sa real estate tax kaysa sa nabilin naming lote were just disappointed sa computation market value Ang basehan not the selling price nga relative connection how to avail nga malliit Ang babayarin na walang work Ang parents ko imagine almost 300k din asan kami kukuha niyan Kong lupa na walang buwis madali nilang nakawin walang tax din with doing due process Ang mahirap lalo pa nila pinahirapan lintik na BIR NA YAN .
Hi Good afternoon Atty. Ano po ba ang dadalhin sa BIR para malaman namen kung saan mag babawas ng estate tax amnesty na 6%. yun po bang Tax decleration dadahil po?
Ask lang po, Buyer po ako, May Extrajudicial settlement of estate March 2021 - (hindi po na publish ang EJS)
and deed of sale May 2022 (separate documents). Ok lang po ba ito, o dapat mag ka pareho po ang date ng extra judicial settlement at ang deed of sale.
EJS 2021 (wala po bang penalty ito sa BIR)
Concern ko po: yung lote lang po ba na Nabili ko sa seller ang Subject sa estate tax. Hindi na po ba Masasangkot ang iba pa nilang property. Please advise po. Maraming Salamat po.
Ask lang po, Buyer po ako, pwede po ba ako ang magprocess ng estate tax (may Extrajudicial settlement of estate March 2021 - (hindi po na publish ang EJS) and deed of sale May 2022 separate documents). Ok lang po ba ito, o dapat mag ka pareho po ang date ng extra judicial settlement at deed of sale.
Concern ko po: yung lote lang po ba na Nabili ko sa seller ang Subject sa estate tax. Hindi na po ba Masasangkot ang iba pa nilang property. Please advise po. Maraming Salamat po.
Sir gaano Po ktgal pg complete requirements n s BIR Ang release ng clearance kc un s amin Po 1month n mhgit need p dw Po verification thanks po
Sir kung joint ownership or shared ownership of property, 4 may ari ng property - it was bought not inherited. Bale po mag-asawang Filipino at mag-asawa na foreign citizen. Namatay po ang wife na ang asawa foreigner kailangan bang magbayad ng estate tax kahit buhay ang tatlong owners ng property? Salamat
Hi Arlene. Only the part representing ownership of the decedent in a co-owned property shall form part of the gross estate for estate tax filing.
Musta po kayo watchin from new york. ask ko lang po naulilanna kami sa tatay at nanay nung 2013 ano po ang gagawin namin magkakapatid kelangan pi ba kaming mag apply ng estate tax amnesty for this? pls help thanks
Possible ba sa mga malalaking ari-arian kapag hindi inasikaso agad ang estate tax at naipon at lumaki na ang bayarin o utang pwedeng kunin o tapatan ng gobyerno ang property nila? Katwiran hindi naman nila para ibenta . Salamat po.
Hi Ray. As mentioned in the video, it is possible the government can get the property to settle the estate tax.
Yung Gross Estate po ba ay nakukuha sa lahat ng ari arian ng namatay in total? Let say po meron siyang 3 lupa na property, 6% po ng lahat tatlo? Or per property ang bilangan?
Hi Christian. The basis of the 6% of EACH property shall be whichever is higher from the BIR assessed value, market value.
@@gerardcarpizo Thank you sir. So if the descendant will pay for a 10M value property. Let us say this is already the higher value. So 6% is 600K minus possible deductions.
Ask lang po, nakatira sa Pag asa quezon city pero namatay sa Los Angeles California, saan po kami pupunta na RDO to pay estate tax.
RDO 38 OR RDO 39.
Please advise po. Salamat po
If the decedent has no legal residence in the PH, estate tax would be filed in RDO 39. For a resident decedent it would be in the RDO he/she is registered.
@@gerardcarpizo nakatira po sila sa Pag asa quezon city RDO 38, pero nag wowork sa los Angeles California at dun namatay.
Saan po kami RDO magbabayad ng estate tax RDO 38 OR RDO 39.
Much better punta nalang sa RDO 39, tama po ba
Please advise. Thank you
Hi po, ask ko lang po, every property po ba ang pag bayad ng Estate tax? Or one time payment sa estate tax for all the property?
Hi Robie. One time--all properties of the decedent is combined and shall be the basis of the 6% estate tax rate. You can also inquire in the BIR if it could be qualified for installment payment.
Hi sir! Nkabili kc ako ng lupa with extra judicial, ngaun ipapatranfer ko na, ibig b sabihin 13.5% babayaran ko ksama cgt, docs stamp at state tax?thanks in advnce po s pag sagot.
Puede po bang masubject to Compromise under the Tax Amnesty ang na compute na Donors’ Taxes dahil meron ngWaiver sa mga heirs in favor of two of the co-heirs of some properties? Puede ba subject to Compromise yong Interests and Penalties, under the Tax Amnesty and under the TRAIN LAW❓ Salamat po‼️
If June 14, 2023 tax amnesty deadline is not met.
Say, the TCT is in the name of 2 married Pinoy couple: Spouses A and Spouses B.
So when will the counting start, from the last spouse to pass away?
Hi po, is government awarded lot to farmers ( CLOA) still entitled to estate tax?
Hello Sir GERARD.. thank you for all your great educational videos.. Anyway my parents
died on 1/4/04 & 5/5/2012.. what date will the ESTATE be based on??? Is it the 5/5/2011??? Since the property was automatically
Transferred to the descents '
Spouse who passed seven years after the husband.. Both decedents were US citizens at the time of their deaths.. Is it the 2011 date..???
Hi Carlos. The basis of Estate Tax is the market valuenof the properties at the time of death, not the time the heirs recieved the properties.
Sir ask ko lang po ang Pros and Cons of Joint Account in terms of estate planning. I have a joint account with my mother. If either one of us passes away, will there be any problems on who can withdraw from the account ? Will it be subject to estate tax?
Hello Sir,,ask ko.po Kung ano ang Security Bond,required b to sa BIR Kung mg file Ng Estate Tax Ng Lupa?? Salamat po
Paano po kung sa bank ng isang association ay namatay ang isa sa tatlong signatory ng isang account? Ano po mangyayari sa pera nasa bank?
Hi Estrella. The heirs could provide the death cert to the bank. The bank let the account be withhdrawn but subject to withholding of 6% estate tax.
@@gerardcarpizo thank you po .
hello po is it possible po ba na pipiliin lang yung property na babayaran? example if yong namatay have 3 titled property dalawa lang ang babayaran pwede po ba yun? yung isa hindi na babayadan dahil hindi naman mapakinabangan? tha k you po
Hi Esmael. Strictly speaking all the properties that should be listed for the extrajudicial settle of the estate for estate tax purposes. Thus if not declared will be subject to penalties, If the property left out is material it may be prima facie evidence of fraud.
Meron n rin po ako ng extrajudicial settlement po
Kung may extra judicial settlement po, kung hindi po settled ang taxes due, hindi niyo po mattransfer ang title ng property kasi wala pong eCAR from BIR.
Sir tanong lang po..ibig sabihin po pang hindi na settle ng descedent ang estate tax mga heirs po ang magbabayad?..salamat po
Hi LAV. Yes, kung interesado silang makuha yung mana nila from the decedent. If meron, pwede nila kunin pambayad sa naiwan na bank deposits ng decedent provided may 6% withholding ang banko.
@@gerardcarpizo marami salamat po..eh halimbawa po pala kung hinuhulugan ang lupa ( GSIS) bayad na po sya kaso kinamatayan na nung may ari hindi pa po nalipat sa pangalan nya?
Good afternoon po.. Meron po kami Di nababayaran na amilyar sa City Hall pede po ba sa amnesty tax. Salamat po
Hi Yuri. Real Property Tax (amilyar) is subject to your local government, you may inquire in case it could be subject to amnesty.
@@gerardcarpizo thank you very much sir...
Hi Sir, not related in estate tax. I have question regarding input tax po. I commented po in your video about input tax di ko po kasi sure if makikita nyo. Ask ko lang po if we can claim the input vat for expenses like fuel and oil, parking and toll fees, office supplies and other expenses na may input vat sa receipts para po sa 2550M&Q filing?
Atty,pwede ko bang ibinta ang bahay ko na nakapangalan sa anak kong menor?
Yes, the property under the name of a minor could be sold if he/she is represented by the parent/guardian. For property registration duly notarized affidavit of the parent(s) must be submitted.
Ask lang po how to pay estate tax, kung yung decedent namatay sa US.
kung pwede naba magbayad ng estate tax kahit wala pa yung publication (complete na requirements except publication)
Please advise po. Thank you 🙏
Yes, bec. publication in not a requirement in paying the estate tax. If the decedent died in the US and has no legal address in the PH, the estate tax could be paid in any Authorized Agent Bank while the return filed in RDO 39.
@@gerardcarpizo Thank you so much sa info, so we can proceed to the bir without publication, but Sir i'm the Buyer (not heirs). Is that ok.
Last concern and please guide me, may deed of sales na po kami ng seller, na ang dapat ay extra judicial settlement of estate with sale ang ginamit (dahil patay na yung asawa nya)
Using Deed of sales, may tatak na po sa BIR at sa Assessor's office already settled all taxes. CGT at doc stamp, Released narin ang CAR.
Kung magpapagawa po kami ng Extrajudicial settlement of estate with sale at magprocess sa estate tax, concern ko po.
Magbabayad ba ulit kami sa BIR ng mga taxes, cgt, doc stamp using EXTRA JUDICIAL SETTLEMENT OF ESTATE WITH ABSOLUTE SALE. (kahit processed na sa bir yung deed of sale namin)
RDO 25B - Processed all taxes cgt at doc stamp
RDO 39 - will process estate tax
Required po kasi ang extra judicial settlement sa Registry of deeds.
Please advise po. Salamat po 🙏 🙏
Hello Sir. Salamat sa mga informative videos na ganito. Tanong ko lang po, paano kung sa dalawa nkapangalan ang lupa? Tita at Tatay ko. Dec-2014 at June 2017 sila namatay pero hanggang ngaun ay wala pang nkakapag-settle sa aming pitong magpipinsan ng paglilipat ng mga pangalan sa titulo. Makaka-avail pa ba kami ng Estate Tax Amnesty? Pwede na po ba pagsabayin or pag-isahin ang filing? At may babayaran din po ba sa pag-avail Tax Amnesty? Pasensya na po sa dami ng mga tanong. Bihira po kc ung mga gnitong topics at gaya nyong magaling magpaliwanag. =) God bless you Sir!
Hi po, kung ang magulang ay patay na at my mga opencases sa business nya, kelangan po ba bayaran ng heirs, pag magpapatransfer na ng properties?
Hi Khadija. If the business left by the decedent is dissolved due to death, the heirs/administrator will be the one to settle the open cases in order for the BIR eCAR to be issued.
@@gerardcarpizo salamat po sa reply, another question po is never nag operate yong business as in zero return. Nag apply lng sila ng business permit pero di rin ginamit, that was 20yrs ago. My pananagutan parin ba si heirs?
The business/estate is still liable for penalties for non-filing of returns as the BIR was not aware of the non-operation of business thus may result to open case. The properties under the business cannot be transferred to the heirs unless the taxes/penalties are settled.
Hlimbawa po hindi po kmi nkafile ng estate tax mula nong nmatay Mr. Yr. 2009 po pro byad nman ng amilyar ko at binenta ko po my dlawa anak mlki po b bbyaran ko estate tax
Kung hindi niyo na po na avail ang estate tax amnesty, yung tax due and penalty (interest, surcharge, compromise penalty) ay from 2009 to present, kaya depende po sa halaga ng property yung babayaran.
Hello Po sir magkano tax amilyar ng 4 hectares na palayan po? Tnx po sir
Check niyo p yung tax declaration ng property, tapos imultiply niyo sa 40% kasi agricultural, then multiply niyo po sa 1% RPT rate. Ask niyo nalang po sa Treasurer's office kung may discount or may SEF.
so, i ibig po bang sabihin, yung mga anak o asawa ng namatay hindi sila dapat ang mgbayad sa estate tax ng deceased? kasi magkaiba ang inheritance at estate tax? salamat po.
Normally yung heirs ang mag ssettle unless may administrator kasi sila ang highly interested sa pag settle ng estate. Kung walang pambayad sa tax ng heirs allowed na ang mag withdraw sa bank accounts ng decedent provided may withholding na 6% from bank.
@@gerardcarpizo ah, ganon po. salamat po sa pag-esplika. naiintindihan ko na po kung bakit ganon. 😊 magulo po pala talaga ung case ng kilalang tao. lalo na sa tagal na ng panahon.... salamat po 😊
Welcome, thank you for watching. 😊
Ano po ang mga pag aari na dpat bayaran ng estate tax?
good pm po asked q lang may na assume po akong bahay at lupa sa isang subd.true pag ibig po tapos namatay ang barowerr nabili q po last2014 nay deed of sale po kami dated ng 2015 after q po ma paid inutang q po kc ng six month yun po napag usapan namin.pero ang pero 2016 po na check q na mali mali information ng details ng barrower kaya binago po ang aming document ng 2016.lahat po yun kumpleto pirmado nilang mag asawa kasal po kc sila.ang problema ko po attorney matapos mamatay ang lalaki na barrower kinuha po ng asawa ang papel o titulo sa Trece pinaalam namn nya sakin pero pinababayaran nya ulit halos katulad ng amount na binayad ko asa bintahan namin kaso hondi po alp pumayag kasi bayad nako madoble po ang pagbili q bale sa bahay.ang problema po ayaw nya ibigay sakin ang nasabing titulo ano po kaya dapat kong gawin
Good evening po attorney. Ask ko lang po about sa estate tax. Paano po kaya pag yung isa sa owner ng property ang namatay at yung isa po ay buhay pa naman, need na po ba magbayad ng estate tax? This September 2023 mag 1 year na po patay yung isa sa may ari ng property. Ang nakasulat po kasi sa property X and Y married to Z. Si Y po yung namatay na may asawa Z at 3 anak. Si X po ay kapatid ni Y . Salamat po
Yes po, need po file ng estate tax pertaining to the portion owned by the decedent. Best to file asap to avoid or lessen penalties for late filing/payment. You can inquire in the BIR in the place of residence of the decedent for the requirements.
@@gerardcarpizo maraming salamat po Attorney sa pagsagot po sa katanungan ko kahapon. GOD bless you po
Welcome, happy to help. God bless as well.
Hi sir paano po Kung ang property namin ay nakapangalan sa papa at mama namin,namatay po papa namin noong 1999..ngayon buhay pa po ang mama namin,at binebenta n po namin ung lupa kailangan pa po ba ang estate tax ng papa namin..salamat po
Yes, kasi yung share of surving spouse ang napunta sa mama nio, as compulsary heirs may share na kayo sa estate ng papa nio. Kaya need maprocess estate tax para sa eCAR pag ibebenta ung lupa.
Hi sir sana mapansin, how to compute estate tax below 5million gross estate, applicable po b ang allowable/standard deduction 5million ng BIR?
Depende po kung kailan namatay yung decedent. Kung resident citizen at namatay after December 31, 2017, applicable na ang TRAIN Law.
Hi sir , CLOA LAND ang lot ni tatay at si tatay namatay nung 2018 feb. Si nanay buhay pa , magkano kaya pwede bayaran nang estate tax nun ? Yung area is 8873 sq.m agricultural land CLOA !? sana masagut niyo po at para makakuha nang idea . Salamat po
Hello. One of the basis of the valuation is the market value in the Tax Declaration wc is assessed by the LGU in the assessor's office. That could be the basis for the 6% of the estate tax.
Good day Sir ask ko lng po need ko po ba magpay ng estate tax sa akin naman po makaname ang title at sa asawa ko po e namatay na po sya last yr july 18 po Thank you in advance Sir❤
Estate and DST. Pa-assist nalang po kayo sa officer of the day sa RDO para ma process niyo eCAR.
Hello Atty. If the decedent passed away in 1991, will the gross estate tax be assesed from 1991 to present?
Yes, the tax rates to use will be the 1991 rates. Penalties will also be computed thereto. Take note, meron po tayong extention ng Estate Tax Amnesty.
❤
Sir can u make an example of computation, what if po hndi pa fully paid sa bank ang house, then the wife died? Gstong ibenta ng husband ang property.
The house total contract price po is 1.7M
Hi May. The 6% estate tax related to the property would be wc ever is higher between the assessed value, market value and selling price. The title of the house and lot shall be annotated on the unsettled mortgage.
Sir ang mga Commission ba may tax din?salamt po
Hi Ken. If the commission is classified as other compensation then it will be subject to withholding tax. But either way still be subject to income taxes.
@@gerardcarpizo hi sir How much is the percent for your deduction in Commission ?
parang ang sarap magmura dahil sa napakaraming taxes.. para lang malipat sa pangalan mo yung lote ng family nyo.
bat may compromise and penalties?? wjat if naka amnesty?? ang gulo
Hi Lawrence. Pag late filing may interest, surcharge at compromise penalty. Kung walang amnesty walang penalties. Hindi po kasi lage may amnesty, tulad nalang ng pag extend ng estate tax amnesty.
@@gerardcarpizo so kahit may amnesty po ay may penalty parin pag late?
Depende po kung final and executory na yung delinquent tax. Pwede nio panuorin ito baka makatulong: ruclips.net/video/v_UvVEQ3Db0/видео.htmlsi=BcfvN_YWYp2TKJgi
6% RATE HINDI APPLICABLE SA MGA PROVINCES YAN
Attorney, Please discuss the 200B estate tax connected to BBM so that we will be enlightened. my intention is not to be political. but it is the best example right now since it is trending.
If you need to enlightenment, Hindi nya na kailangan pang I discuss how 200B related/connected to PBBM, sa video na ginawa nya mapag tatanto mo na kung paano ito naging related, 🤷 I don't know exactly how it is... But for me siguro ganun kalaki talaga Ang ari - Arian ni Ferdinand Kasi ang sabi Naman 6% lang naman right? at ayun sa Iba kong napanuod at sa mga explanation nila, kada taon ehhh na dadagdagan ito at lalaki ng lalaki🤷 pero sa tingin ko dinidiin lang nila si BBM sa 200B idk lang hindi sapag mamarunong sa tingin ko, nakay BBM Naman yun kung babayaran nya Yung 200B para mapunta sa kanya o ma transfer sa kanya yung ganuong kalaking ari arian... Correct me if I wrong, I'm just sharing kung ano man yung alam ko❤️
no need bayaran. wag kayong ano
@@motojo PRECISELY.
20% po ang estate tax
Ngayon Lang po nag 6% under Amnesty Program Ng government
Imagine if 200b ung 6%
Ilang trilyon kaya ung buong asset.
Base on my mathemathecal knowledge that is around 3,000,000,000,000 quadrillion peso or 60trilyon dollars. Kaya wrong move ung dilaw Nung inuungkat nila ung estate tax.
Hi Atty 8 years ng hindi nababayaran ang real estate tax o amilyar ng bahay mula ng ni loan sa banko hindi pa nababayaran ang amilyar ano ho ang mangyayari sa ni loan na bahay
Magkakaroon ng interest, surcharge and penalty sa unpaid taxes. Also, hindi kayo makakakuha ng Tax Clearance sa munisipyo niyo. Ginagamit tax clearance kasi kung ittransfer yung property sa ibang tao tulad sa pamana or sale of property.