The estate tax amnesty program gives persons who owe unpaid taxes on the estates of decedents who died on or before December 31, 2017, a chance to pay their debts. Those who take advantage of the amnesty within the time limit will pay either the reduced estate tax amnesty rate of 6% of the decedent's entire net taxable estate (down from 20%
During a plenary session on Monday, a total of 259 lawmakers voted to approve House Bill 7909, extending the coverage and period of availing the Estate Tax Amnesty from June 14, 2023 to June 14, 2025. No lawmaker voted against the measure or abstained from voting. The measure seeks to amend Republic Act 11213, as amended, also known as the
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how to get tax amnesty
