12/12/2025
LOOK: The Department of Finance (DOF) is supporting House Bill 6614, extending the Estate Tax Amnesty until December 31, 2028 to give more Filipino families the opportunity to settle obligations on inherited properties.
Imposed under the National Internal Revenue Code (NIRC), the estate tax is a one-time payment for the legal transfer of ownership of a deceased person’s assets to their lawful heirs and beneficiaries.
By providing an Estate Tax Amnesty, the DOF aims to grant relief to families unable to formalize inheritance because of financial and other constraints.
Read more: https://www.dof.gov.ph/go-greenlights-extension-of-estate-tax-amnesty-to-reducefinancial-burden-on-filipino-families-settling-obligations/