The Estate Tax Amnesty Program is back to save you from tax obligations. This program is extended until June 14, 2025. Avoid penalties, preserve family wealth, and simplify the estate settlement process. It's like a magic wand for Filipino Americans who have not started transferring their inherited properties to the Philippines. Book an appointment now! In 2019, RA No. 11213 or the Tax Amnesty Act of 2019 was approved. It gives opportunity to settle tax liability at 6% rate of the decedent’s total taxable assets with a minimum tax amnesty amount of Php 5,000 per decedent. Estate tax is imposed on the transfer of a deceased person’s assets to their heirs. In the Philippines, this tax exists to ensure that the government regulates and gets its share of the wealth being passed down from one generation to another. On the other hand, Estate Tax Amnesty is a program that was approved in 2019 through RA No. 11213 or the Tax Amnesty of 2019, that allows Filipinos to settle their tax obligations at a reduced penalty of only 6%. It is like a wand that can wipe away all your tax sins, leaving you free to enjoy your inheritance without worrying. By taking advantage of the Estate Tax Amnesty Program, you will be able to avoid penalties and interest on late filing and payment of estate tax. Also, it will be beneficial in preserving a family’s legacy; this is your chance to keep your wealth and pass it on to future generations in a simplified manner. It allows Filipino Americans to transfer wealth more smoothly. Take advantage of this once-in-a lifetime golden opportunity before its expiration. Book your appointment today!
31355 Oak Crest Drive Suite 125 Westlake Village, CA 91361
+ 1 (323)-345-2652 [email protected]
2033 Gateway Place, Ste. 500 San Jose, CA 95110