Amending R.A. No. 11213 (Tax Amnesty Act) as Amednded by R.A. No. 11569 and R.A. No. 11956

Dellate Office of the Sorcretary TWENTIETH CONGRESS OF THE REPUBLIC OF THE PHILIPPINES ) ) 25 NOV 11 P2:41 First Regular Session SENATE RECEIVED BY: S. No. - 1488 Introduced by Senator Jinggoy Ejercito Estrada AN ACT FURTHER AMENDING REPUBLIC ACT NO. 11213, OTHERWISE KNOWN AS THE "TAX AMNESTY ACT", AS AMENDED BY REPUBLIC ACT NO. 11569 AND 11956, BY EXTENDING THE PERIOD OF AVAILMENT OF THE ESTATE TAX AMNESTY UNTIL JUNE 14, 2028, AND FOR OTHER PURPOSES EXPLANATORY NOTE Estate tax is not merely a fiscal measure but a legal bridge that allows families to finally take possession of what has long been theirs, and to put dormant hereditary assets to productive use. Unfortunately, for countless Filipino families, especially those in rural and underserved communities, the estate tax has long been a barrier to formalizing ownership of inherited properties. The enactment of Republic Act No. 11213, as amended by Republic Act Nos. 11569 and 11956, sought precisely to address this by granting an amnesty that waived penalties and reduced the compliance burden for heirs who have long been unable to settle inherited estates. While the amnesty has undeniably helped thousands, evidence on the ground tells us a persistent truth: a large segment of Filipino families have remained unable to avail of the law despite past extensions. This is not due to unwillingness, but to poverty, circumstances, and structural barriers. Many do not have the means to hire counsel; others are immobilized by unresolved intra-family disputes; many lack documentary requirements or live in remote areas with limited access to government assistance; still others simply lack knowledge or guidance on the process.

This proposed measure seeks to extend the period of availment of the estate tax amnesty until June 14, 2028, thereby granting Filipino families additional time to comply with the requirements and finally unlock the economic potential of idle hereditary assets. By facilitating the formal transfer of ownership, this extension will not only promote social justice and intergenerational equity but also contribute to national development through increased property utilization and improved tax compliance. This bill, therefore, continues the legislative intent of the original amnesty law, that is to resolve long-standing estate obligations that have remained unpaid not out of defiance, but out of incapacity. It offers families a lawful and accessible pathway to finally unlock the economic potential of their inheritance. Hence, I am seeking the immediate passage of this measure. lessontal JINGGOY EJERCITO ESTRADA

Senate Office of the Scaretarp TWENTIETH CONGRESS OF THE REPUBLIC OF THE PHILIPPINES ) 25 NOV 11 P2:41 First Regular Session RECEIVED BY: SENATE S. No. 1488 Introduced by Senator Jinggoy Ejercito Estrada AN ACT FURTHER AMENDING REPUBLIC ACT NO. 11213, OTHERWISE KNOWN AS THE "TAX AMNESTY ACT", AS AMENDED BY REPUBLIC ACT NO. 11569 AND 11956, BY EXTENDING THE PERIOD OF AVAILMENT OF THE ESTATE TAX AMNESTY UNTIL JUNE 14, 2028, AND FOR OTHER PURPOSES Be it enacted by the Senate and the House of Representatives of the Philippines in Congress assembled:

Section 1. Extension of Estate Tax Amnesty Period. - Section 6 of Republic Act

No. 11213, as amended by Republic Act Nos. 11569 and 11956, is hereby further amended to read as follows: "Section 6. Availment of the Estate Tax Amnesty; When and Where to File and Pay. - The executor or administrator of the estate, or if there is no executor or administrator appointed, the legal heirs, transferees or beneficiaries, who wish to avail of the Estate Tax Amnesty shall, within June 14, 2025 until June 14, 2028, file, either electronically or manually, with any authorized agent bank, Revenue District Office through Revenue Collection Officer, or authorized tax software provider, a sworn Estate Tax Amnesty Return, in such forms as may be prescribed in the Implementing Rules and Regulations. "XXX."

Sec. 2. Implementing Rules and Regulations. - Within sixty (60) days from the

effectivity of this Act, the Secretary of Finance shall, in coordination with the Commissioner of Internal Revenue, promulgate the necessary rules and regulations for its effective implementation.

Sec. 3. Separability Clause. - If for any reason, any provision of this Act is

6 declared unconstitutional or invalid, the other parts or provisions hereof which are not affected thereby shall continue to be in full force and effect.

Sec. 4. Repealing Clause. - All laws, decrees, orders, rules and regulations or

parts thereof which are inconsistent with or contrary to the provisions of this Act are hereby repealed or amended accordingly.

Sec. 5. Effectivity. - This Act shall take effect fifteen (15) days following its

publication in the Official Gazette or in a newspaper of general circulation. Approved,