Senate Committee on Ways and Means holds hearing — October 23, 2026

[0:29] of the Senate Committee on Ways and Means [0:31] is hereby called to order. [0:34] While waiting for a colleague to constitute the quorum [0:37] and conduct business, [0:41] just for the record, [0:42] the following are the members [0:44] of the Committee on Ways and Means, [0:46] Senator Bam Aquino as the vice chairperson, [0:50] Senators J.B. Ercito, [0:52] Joel Villanueva, Rison Teberos, [0:54] Francis Pangilinan, Erwin Tulfo, [0:57] Raffi Tulfo, and Mark Villar [0:58] from the majority and from the minority [1:02] as manifested during the plenary session [1:04] on 23 September, 2026, [1:06] Senators Amir Marcos, Pia Cayetano, [1:10] Christopher Lawrence Bongo, [1:12] Lauren Legarda, Robin Hood Padilla, [1:14] and Camille Villar. [1:17] So let's suspend. [1:19] And I was told that the Senate President [1:21] is coming ETA is 10-14. [1:24] So relax for another 10 minutes. [16:02] Resume. [16:04] Yeah, again, I'd like to welcome everyone [16:07] to today's organizational meeting and hearing [16:10] on the estate tax amnesty. [16:15] First enacted as Republic Act 11213 [16:19] or the Tax Amnesty Act in 2019 [16:22] and subsequently extended through RA No. 11569 [16:26] and RA No. 11956 in 2021 and 2023, respectively. [16:34] The estate tax amnesty seeks to relieve [16:36] the difficulties of heirs in settling [16:39] long-standing estate tax obligations, [16:42] encourage the transfer and registration [16:44] of inherited properties, [16:46] improve tax compliance, [16:47] and generate revenue for the government. [16:51] Now, fundamentally, the goal is to provide [16:53] a more accessible revenue [16:55] for settling accumulated estate tax obligations [16:59] and bringing properties into productive use [17:01] within the formal economy. [17:04] Under the 20th Congress, [17:10] there are 14 bills filed in the Senate [17:13] and one House bill, [17:15] which was transmitted to the Senate [17:17] last 17 December 2025 on estate tax. [17:22] As we consider these proposed legislative measures, [17:26] we shall seek to balance meaningful relief [17:28] for taxpayers with improved public revenues [17:31] and sustained tax fairness. [17:34] With these considerations in mind, [17:37] let us begin. [17:38] But first, I'd like to acknowledge [17:40] the presence of knowledge [17:42] of the Senate President, [17:45] Senator Wynne Gatchelian. [17:47] Magandang maga po, SP. [17:52] Now, we'll go to the approval of the rules [17:54] of the Senate Committee on Ways and Means [17:56] because this is an organizational meeting. [17:59] As in previous Congresses, [18:01] the Committee on Ways and Means [18:02] will simply adopt the pertinent provisions [18:05] of Rule 10 and 11 [18:07] of the rules of the Senate [18:09] as well as Resolution No. 5 [18:12] or the rules of procedure [18:14] governing inquiries in aid of legislation [18:17] as the rules of the Committee on Ways and Means [18:19] subject to any advisory to be issued [18:22] regarding the use of electronic signatures. [18:25] Yeah. [18:27] Do I hear a motion, [18:29] Mr. Senate President, [18:31] to approve the rules? [18:35] Okay lang. [18:41] With that motion, [18:42] I move to approve the motion of the chairman. [18:45] Yeah. [18:45] There being no objection, [18:46] this MSC will be approved. [18:49] Now, [18:52] the Committee of Secretary, [18:53] Attorney Harold, [18:55] kindly acknowledge the presence [18:56] of our invited guests this morning. [19:00] Good morning, Your Honors. [19:02] For today's public hearing [19:03] on the SA Tax Amnesty Measures, [19:05] we have the following resource persons. [19:07] From the Department of Finance, [19:09] we have Assistant Secretary [19:10] Uvimil Nina R. Asuncion. [19:13] From the Bureau of Internal Revenue, [19:14] we have Deputy Commissioner [19:16] Larry M. Barcello. [19:19] From the National Tax Research Center, [19:21] we have Director Monica G. Rempilio. [19:24] From the Land Registration Authority, [19:26] we have Deputy Administrator [19:28] Jaime Juanito P. Portugal. [19:31] From the Department of Economy, [19:33] Planning and Development, [19:34] or Dep-Dev, [19:35] we have Assistant Secretary [19:37] Reynaldo R. Cancio. [19:39] From the Bureau of Local Government Finance, [19:41] or BLGF, [19:42] we have Director Ricardo L. Bobis Jr. [19:45] From the Philippine Statistics Authority, [19:48] or PSA, [19:48] we have Engineer Marisa B. Grande. [19:52] From the Revenue District Office, [19:56] number 44, [19:57] Taguig City, [19:58] we have Attorney Antonio J. Mangubat, Jr. [20:01] From RDO, [20:01] number 51, [20:02] Pasay City, [20:03] we have Mr. Dennis B. Floreza. [20:06] From RDO, [20:06] number 52, [20:07] Paranaque City, [20:08] we have Mr. Simplicio V. Cabantac, Jr. [20:11] From RDO, [20:13] number 54A, [20:14] Tresemartire City, [20:16] slash East Cavite, [20:18] we have Attorney, [20:19] Jerlo C. Kakatian. [20:22] From RDO, [20:23] number 25A, [20:25] West Bulacan, [20:26] we have Mr. Romel Morente. [20:28] From the Tax Management Association of the Philippines, [20:31] we have Attorney, [20:32] Martin Ignacio Di Mijares. [20:34] From the Philippine Institute of Certified Public Accountants, [20:37] Inc., [20:37] we have Attorney, [20:39] Cherry Lees, [20:40] or Rafael Roble. [20:43] That will be all, [20:44] your honor. [20:46] Thank you, [20:46] Attorney Harold. [20:49] While we had a preliminary briefing in my office last Tuesday, [20:54] para lang ma-record, [20:57] we will, [20:58] the clarificatory questions will be preceded by your presentation [21:02] ng ating resource persons. [21:04] Please go ahead. [21:07] Mr. Chair, [21:08] we just have a statement this morning. [21:11] Good morning, [21:12] Mr. Chair, [21:13] and the members of the committee. [21:14] Good morning to our Senate President as well. [21:17] The Department of Finance is committed [21:19] to maintaining a fair, [21:21] efficient tax administration [21:22] that supports economic inclusivity [21:25] and unlocks idle assets across the country. [21:28] When estates remain unsettled [21:30] due to accumulated taxes [21:31] and administrative complexities, [21:35] properties sit dormant [21:36] and family wealth remains locked. [21:39] An effective estate tax amnesty program [21:41] helps address this [21:43] by providing Filipino families [21:44] a clean slate opportunity [21:46] to formalize inheritance [21:48] while bringing a non-performing real estate [21:51] into the active economy. [21:53] Unlocking inherited properties [21:55] empowers families, [21:56] broadens the tax base, [21:58] and stimulates local economic productivity. [22:00] To ensure the success of the amnesty, [22:03] the department advocates [22:04] for key policy principles, [22:06] providing accessible payment terms [22:09] and realistic timelines [22:10] to help families settle obligations [22:12] without undue financial burden, [22:15] streamlining documentary requirements [22:17] and leveraging digital processing [22:18] to reduce compliance bottlenecks, [22:20] and incorporating clear deadlines [22:22] and safeguards [22:23] to protect government revenues [22:25] and ensure fairness [22:26] for compliant taxpayers. [22:27] The previous estate tax amnesty program [22:31] has proven successful [22:32] with 16.13 billion pesos [22:35] in total collections [22:36] across 330,000 successful applications [22:39] from June 2019 to June 2025. [22:44] Highlighting that this is primarily [22:46] a relief measure, [22:47] we hope that those who have not yet applied [22:49] will take advantage of this new [22:52] and hopefully final round [22:54] of estate tax amnesty. [22:55] To enrich the data, [22:57] currently we are conducting a survey [23:00] among all BRRDOs [23:02] on their experience on the amnesty, [23:04] and we will send the results of this [23:06] within next week. [23:09] With that, sir, [23:10] the Department of Finance [23:11] and the Bureau of Internal Revenue [23:13] stand ready to collaborate [23:14] with the Honorable Committee [23:16] to ensure the program [23:17] effectively balances taxpayer relief [23:19] with robust revenue administration. [23:22] Thank you, Your Honor. [23:23] Thank you. [23:23] The Chair would also welcome [23:24] opening remarks or statement [23:26] from the other resource persons, [23:28] if any. [23:30] Yes, Mr. Senate President. [23:31] Mr. Chairman, [23:32] with your permission, [23:33] I would like to give [23:33] a brief opening remarks. [23:36] Mr. Chairman, [23:37] generally, [23:38] I am in support of amnesties. [23:41] In fact, [23:42] I agree with [23:43] ASSEC Assuncion [23:44] that this gives [23:45] our constituents [23:46] a clean slate, [23:47] meaning [23:48] the penalties, [23:51] interest, [23:52] that they can start [23:54] all over again, [23:55] and more so, [23:56] the asset that they are transferring [23:57] will be productive [23:58] because a lot of these assets, [24:00] since it cannot be transferred, [24:03] it's not put into good use. [24:05] However, [24:06] Mr. Chairman, [24:07] we have to study [24:08] very carefully [24:09] how come we have [24:11] a regular amnesty. [24:13] Amnesty, [24:14] normally, [24:14] is once in a blue moon. [24:15] But with the [24:17] estate tax, [24:18] since 2019, [24:20] we have three amnesties already. [24:22] Meaning, [24:23] after one amnesty, [24:25] there are still [24:25] some of our families [24:26] who are not able to pay. [24:28] And that is [24:29] the bone of contention [24:31] right now. [24:32] How come [24:32] a few of our constituents [24:34] or a number of our constituents [24:36] cannot still [24:38] avail [24:39] of the amnesty [24:40] despite giving an amnesty? [24:42] So, [24:42] I just want to [24:43] flash a slide, [24:44] Mr. Chairman, [24:45] with your permission. [24:46] Slide two, Elena. [24:48] Since 2019, [24:50] we have already [24:50] granted [24:52] three amnesties. [24:54] And the last amnesty, [24:56] which actually [24:57] I authored [24:58] and sponsored [24:58] on the floor, [25:00] yielded the biggest [25:01] collection. [25:03] And one of the, [25:05] or not one, [25:05] but a few of the suggestions [25:07] that we got [25:08] from [25:08] the stakeholders, [25:10] particularly TMAP, [25:11] actually, [25:12] was to include [25:13] the list of [25:14] documents already. [25:15] Because in the past, [25:18] magulo yung mga documents. [25:19] If they go to [25:20] one RDO, [25:21] iba yung hinihingi. [25:22] If they go to [25:23] another RDO, [25:24] iba yung hinihingi. [25:25] If they go to [25:26] another office, [25:27] iba yung hinihingi. [25:28] So, we standardized it. [25:30] And at the same time, [25:31] the stakeholders [25:32] also recommended [25:34] a two-year [25:35] payment plan. [25:37] So, [25:37] we embedded [25:38] in RA 11956 [25:40] a two-year, [25:43] you can pay [25:43] in two years, [25:44] basically. [25:45] So, [25:46] with those [25:47] introductions, [25:48] it yielded [25:50] the highest [25:52] number of [25:52] availers [25:53] as well as [25:53] the highest [25:54] number of [25:55] collection. [25:56] However, [25:58] alam ko, [25:59] marami pa rin pong [26:00] gusto ng amnesty, [26:01] Mr. Chairman. [26:01] Maraming tumatawag [26:02] po sa akin. [26:04] Nagtatext, [26:05] tinatanong po [26:06] kung kailan pong [26:07] magkakaroon ng [26:09] amnesty. [26:10] Marami pong [26:10] nagtatanong [26:12] kung tuloy ba. [26:13] So, [26:14] yung iniisip ko, [26:15] Mr. Chairman, [26:15] dahil nababalitaan nilang [26:17] may amnesty, [26:18] hindi na sila rin [26:18] nagbabayad. [26:20] Kasi, [26:21] nagiging regular na [26:22] yung amnesty [26:23] natin. [26:24] So, [26:25] baka [26:25] after nito, [26:27] magpa-pass tayo [26:28] ng amnesty law, [26:29] after a few years, [26:31] hindi na naman sila [26:31] magbabayad [26:32] dahil alam nila [26:33] magkakaroon na naman [26:34] ng amnesty. [26:35] So, [26:36] I think we need to [26:37] discuss really [26:37] what's the root [26:40] cause of [26:40] our constituents [26:42] not being able [26:43] to pay [26:44] estate tax. [26:47] Is it too [26:48] complicated? [26:49] Is it too [26:50] cumbersome? [26:52] And then, [26:53] at the same time, [26:55] baka pagpag-aralan na rin [26:56] natin yung rate [26:57] of 6%. [26:58] I don't know if it's, [27:00] we standardized it [27:01] already before, [27:02] binabaan na natin. [27:03] But is it still [27:04] too expensive [27:06] for our constituents, [27:07] especially our [27:08] less fortunate [27:10] constituents. [27:12] Marami ho kasi [27:13] itong mga [27:14] nag-avail [27:15] are [27:16] yung mga [27:16] may-ari po [27:17] ng [27:17] let's say [27:19] mga [27:19] rice fields [27:21] or may-ari [27:21] na agricultural land [27:23] or may-ari po [27:23] ng mga [27:24] lupa [27:25] sa mga [27:25] malalayong lugar [27:27] na hindi nila [27:27] matransfer [27:28] because mahal nga [27:29] yung estate tax. [27:30] So, [27:31] baka may mga [27:31] gano'n na [27:32] issues [27:33] that we need [27:34] to look deeper [27:34] into. [27:35] So, [27:36] hopefully, [27:36] Mr. Chairman, [27:37] we don't just [27:38] talk about [27:38] amnesty, [27:38] but let's talk [27:39] about the root [27:40] cause so that [27:40] we will help [27:41] our constituents [27:42] once and for all. [27:44] Not through amnesty, [27:44] but making it [27:45] simpler for them. [27:47] So, [27:47] thank you, [27:47] Mr. Chairman. [27:49] Thank you, [27:49] Mr. Senate President. [27:50] You raise some [27:51] very valid points. [27:53] Yung issues [27:54] involved, [27:54] why Filipinos [27:55] tend to [27:56] not avail [27:57] because they are [27:57] hoping [27:58] there will be [27:59] more [28:00] estate tax [28:01] amnesties [28:02] to come. [28:03] So, [28:04] again, [28:04] I'll go back [28:05] to the resource [28:05] persons. [28:07] Team up, [28:07] do you have [28:08] some opening [28:08] statement? [28:09] Thank you. [28:10] Thank you, [28:11] Mr. Chair, [28:12] Sir, [28:13] Senate President, [28:14] good morning. [28:15] Morning to [28:15] our colleagues. [28:18] On behalf [28:18] of the Board [28:19] of Directors [28:20] and Officers [28:20] and members [28:21] of the Tax [28:22] Management [28:22] Association [28:23] of the Philippines, [28:24] of course, [28:25] we'd like to, [28:26] at the outset, [28:27] thank the Senate [28:28] Committee on Ways [28:29] and Means [28:29] for inviting us [28:30] to this public [28:31] hearing on the [28:32] proposed measures [28:33] granting [28:34] estate tax [28:35] amnesty. [28:35] TMAP [28:36] is very [28:37] grateful [28:37] for the [28:38] opportunity [28:38] to contribute [28:39] its experience [28:41] and suggestions [28:42] regarding the [28:43] proposed [28:43] legislation. [28:45] The Tax [28:45] Management [28:46] Association [28:46] of the [28:47] Philippines [28:47] fully supports [28:48] the passage [28:49] of the [28:50] proposed [28:50] revenue [28:50] measures [28:51] granting [28:52] extension, [28:54] coverage [28:55] expansion, [28:56] and [28:56] administrative [28:57] enhancement [28:58] to the [28:59] estate tax [28:59] amnesty [29:00] program, [29:01] as well as [29:01] structural [29:02] reforms to [29:03] the estate [29:03] tax system. [29:04] As the [29:05] country's [29:06] premier [29:06] organization [29:07] of tax [29:08] managers [29:08] and tax [29:09] practitioners, [29:11] TMAP [29:11] endorses [29:12] these [29:12] legislative [29:12] measures [29:13] based on [29:14] the following [29:14] key grounds. [29:15] As mentioned [29:16] by ASIC [29:17] Asuncion [29:18] earlier, [29:19] this is a [29:19] way of [29:20] unlocking [29:20] dormant [29:22] assets [29:22] and [29:22] reintegrating [29:23] idle [29:24] capital. [29:25] As we [29:26] mentioned [29:26] earlier, [29:27] because of [29:29] unsettled [29:30] estate tax [29:31] liabilities, [29:32] properties [29:33] are frozen [29:34] and cannot [29:34] be utilized. [29:36] Granting [29:36] amnesty [29:37] enables [29:37] formal [29:38] title [29:39] transfers [29:40] and [29:40] returns [29:41] these [29:42] idle [29:42] assets [29:43] to the [29:43] stream [29:43] of [29:44] active [29:44] commerce. [29:45] It will [29:46] also provide [29:47] relief [29:47] from [29:48] compounded [29:49] penalties. [29:50] As we [29:50] know, [29:52] for failure [29:54] to pay [29:55] estate [29:56] tax, [29:56] there are [29:57] surcharges [29:58] and [29:58] interest [29:58] that [29:59] somehow [30:01] exceed [30:01] the value [30:02] of the [30:02] tax. [30:04] Because [30:05] of [30:05] protractive [30:07] probate [30:07] processes, [30:08] missing [30:09] documentation, [30:10] which is [30:10] one of [30:10] the major [30:11] hurdles [30:12] in the [30:12] previous [30:13] tax [30:13] amnesty, [30:14] as well [30:14] as financial [30:15] constraints [30:15] are one [30:16] of the [30:17] many [30:18] challenges [30:19] in [30:20] the [30:21] previous [30:21] estate [30:22] tax [30:22] amnesty [30:23] program. [30:23] We'd [30:24] also [30:25] like [30:25] to [30:25] support [30:29] the [30:31] provisions [30:32] that [30:32] limit [30:32] the [30:33] documentary [30:33] requirements. [30:34] As mentioned [30:35] by Mr. [30:36] Senate [30:36] President, [30:37] we would [30:38] like to [30:40] again [30:40] reiterate [30:41] that there [30:42] should be [30:42] a set [30:43] or fixed [30:45] documentary [30:45] requirements [30:46] as simple [30:47] as possible [30:48] so that [30:49] this will [30:50] not be [30:50] a hindrance [30:51] in [30:52] availing [30:53] the [30:53] estate [30:54] tax [30:54] amnesty. [30:56] We [30:56] team [30:57] up [30:57] submitted [30:58] its [30:58] position [30:58] paper [30:59] on [31:00] the [31:00] proposed [31:01] extension [31:01] of [31:01] estate [31:02] tax [31:02] amnesty [31:03] last [31:04] March [31:04] 18, [31:05] 2026. [31:06] This was [31:07] submitted [31:07] to the [31:08] then [31:08] Senate [31:09] Ways [31:09] and [31:11] Means [31:11] Committee. [31:12] We'd like [31:13] to reiterate [31:13] our [31:14] recommendations [31:15] in that [31:16] position [31:17] paper. [31:19] I'd like [31:20] to highlight [31:20] just some [31:21] of the [31:21] recommendations [31:22] that we [31:23] included [31:23] in that [31:24] position [31:26] paper. [31:27] One is [31:27] to extend [31:28] the [31:28] amnesty [31:29] period [31:29] until [31:30] December [31:30] 31, [31:31] 2029. [31:32] Most of [31:33] the [31:33] proposed [31:33] bills [31:34] extended [31:36] the [31:36] availment [31:37] of the [31:37] estate [31:38] tax [31:38] up to [31:39] December [31:39] 31, [31:40] 2028. [31:40] we'd [31:42] like to [31:43] request [31:43] that [31:44] this be [31:45] further [31:45] extended. [31:46] The [31:46] main [31:47] reason [31:47] is [31:47] because [31:47] of [31:48] the [31:48] crisis [31:48] that [31:49] we [31:49] are [31:49] encountering [31:50] at [31:50] present [31:51] because [31:51] of [31:52] the [31:52] oil [31:52] crisis [31:53] and [31:53] the [31:53] war [31:54] in [31:54] the [31:54] Middle [31:54] East. [31:55] This [31:56] has [31:56] added [31:57] to [31:58] the [31:59] cost [31:59] of [31:59] living [32:00] in [32:00] the [32:01] country [32:01] and [32:02] perhaps [32:02] heirs [32:05] and [32:05] beneficiaries [32:06] may [32:07] not [32:07] prioritize [32:08] the [32:09] payment [32:09] of [32:09] estate [32:10] tax [32:10] because [32:11] of [32:11] this [32:11] difficult [32:12] time. [32:13] We'd [32:13] also [32:14] like [32:14] to [32:14] propose [32:15] that [32:15] the [32:17] coverage [32:18] period [32:19] be [32:19] extended [32:20] up to [32:21] December [32:21] 31, [32:22] 2025. [32:23] Currently, [32:24] the [32:24] proposed [32:24] bills [32:25] extend [32:26] the [32:26] coverage [32:26] up to [32:27] December [32:27] 31, [32:28] 2024. [32:29] So, [32:30] in order [32:31] to provide [32:32] more [32:33] estates [32:36] to avail [32:36] of this [32:37] program, [32:38] maybe it [32:39] would be [32:40] good to [32:40] also extend [32:41] it one [32:42] year [32:42] later. [32:43] One [32:44] major [32:44] thing [32:44] that we'd [32:45] like to [32:45] recommend [32:47] was a [32:48] provision [32:49] that is [32:51] a major [32:52] hurdle for [32:52] those [32:53] estates [32:53] where the [32:54] property is [32:55] still being [32:56] held by [32:57] prior [32:57] decedents. [32:59] This is [33:00] a big [33:01] problem in [33:02] the previous [33:03] program, [33:04] where, [33:04] because of [33:05] the veto [33:06] by then [33:07] President [33:08] Duterte [33:09] of a [33:10] provision [33:10] in the [33:11] amnesty [33:12] law, [33:13] required [33:14] that [33:15] properties [33:16] which are [33:16] being held [33:18] by the [33:18] prior [33:18] decedent [33:19] would have [33:20] to be [33:20] applied [33:21] separately. [33:23] So, [33:23] if the [33:23] property, [33:24] for instance, [33:24] is in [33:25] the name [33:26] of a [33:27] grandfather [33:28] or a [33:28] great [33:29] grandfather, [33:30] then you [33:30] have to [33:30] file [33:31] separate [33:31] estate [33:32] tax [33:32] amnesty [33:33] for [33:33] each [33:33] level. [33:34] Whereas [33:35] in the [33:35] original [33:36] provision [33:36] of the [33:37] estate [33:37] tax [33:37] amnesty [33:38] law, [33:39] there was [33:40] a provision [33:40] there that [33:41] only the [33:41] last [33:42] estate, [33:45] the property [33:46] in whose [33:46] name, [33:48] the last [33:49] decedent [33:50] will be [33:51] applied for [33:54] that estate [33:55] tax. [33:55] We provided [33:56] our proposed [33:57] language in [33:59] the amendment [33:59] in the [34:00] position [34:00] paper and [34:01] we can [34:02] resubmit [34:02] our [34:03] position [34:03] paper to [34:04] the [34:05] committee [34:05] on [34:06] ways [34:06] and [34:06] means [34:07] for [34:07] its [34:07] consideration. [34:09] I think [34:10] for the [34:12] TMAP, [34:13] this is [34:13] really a [34:14] big step [34:14] for [34:15] revenue [34:16] collection [34:17] as well [34:17] as in [34:18] trying to [34:19] put [34:20] idle [34:21] property [34:21] and [34:22] these [34:24] properties [34:24] which have [34:25] not yet [34:25] been [34:26] properly [34:27] titled [34:27] in [34:28] productive [34:28] use. [34:29] So, [34:30] again, [34:30] we'd like [34:31] to stress [34:31] that we [34:32] are in [34:33] full [34:33] support [34:33] of [34:34] these [34:34] revenue [34:35] measures. [34:36] However, [34:37] we would [34:37] like to [34:38] be given [34:39] the [34:40] opportunity [34:40] to [34:41] recommend [34:42] certain [34:43] enhancements [34:46] to these [34:47] proposed [34:48] bills. [34:48] Thank you, [34:49] Mr. Chair, [34:49] and also [34:50] to Senate [34:52] President [34:52] Getchalian. [34:53] Thank you very [34:53] much. [34:54] Thank you, [34:54] Attorney [34:54] Mijares. [34:55] As I [34:55] mentioned [34:56] earlier, [34:57] the [34:58] House bill [34:58] that was [34:59] transmitted [34:59] to the [35:01] Senate [35:01] last [35:01] December [35:02] 17, [35:03] 2025, [35:06] was an [35:07] extension [35:07] of the [35:07] existing [35:08] estate tax [35:11] amnesty, [35:11] which is no [35:12] longer [35:12] actually [35:13] existing [35:13] because it [35:14] expired [35:15] last June [35:16] 14, [35:16] 2025. [35:18] So, [35:18] the Senate [35:18] version, [35:19] what the [35:20] Senate is [35:20] proposing, [35:21] is a new [35:21] estate tax [35:23] amnesty. [35:23] So, [35:26] again, [35:28] if there's [35:28] anyone [35:29] else who [35:30] would like [35:31] to [35:31] make an [35:35] opening [35:35] statement, [35:36] you're [35:36] welcome to [35:36] do so. [35:37] Anyone [35:38] else? [35:40] Thank you, [35:45] sir. [35:45] Honorable [35:45] Senators, [35:47] the [35:47] Philippine [35:47] Statistics [35:48] Authority [35:49] recognizes [35:51] the [35:51] importance [35:52] of [35:52] reliable [35:53] civil [35:54] registration [35:55] records [35:55] in [35:56] facilitating [35:56] the [35:57] settlement [35:57] of [35:57] states [35:58] and [35:58] implementation [35:59] of [36:00] government [36:01] programs. [36:02] So, [36:03] the PSA's [36:03] role is [36:04] to maintain [36:04] and preserve [36:05] civil [36:05] registry [36:06] records [36:06] and [36:07] provide [36:08] the [36:08] appropriate [36:08] certifications [36:09] and verification [36:10] services [36:11] within [36:11] each [36:12] mandate. [36:13] So, [36:14] these [36:14] records, [36:14] particularly [36:15] the [36:15] birth, [36:16] marriages, [36:17] deaths, [36:17] may support [36:18] the [36:18] identification [36:19] of [36:20] deceased [36:20] persons [36:21] and [36:21] the [36:21] establishment [36:22] of [36:22] family [36:23] relationships [36:24] relevant [36:25] to [36:25] state [36:26] settlement. [36:27] So, [36:28] we [36:28] recognize [36:29] that [36:29] there [36:30] may [36:30] be [36:30] problems [36:31] in [36:32] their [36:32] claims [36:32] in [36:33] relation [36:33] to [36:34] missing [36:34] documents [36:35] or [36:36] delayed [36:36] registration [36:37] or [36:37] incorrect [36:38] entries [36:39] in [36:39] civil [36:39] registry [36:40] records. [36:40] So, [36:41] this [36:41] can [36:41] create [36:42] difficulties [36:43] for [36:43] the [36:44] families [36:44] seeking [36:44] to [36:44] settle [36:45] inherited [36:46] properties. [36:48] So, [36:48] PSA remains [36:49] committed [36:49] to improving [36:50] access [36:51] to [36:51] civil [36:52] registration [36:52] services [36:53] and [36:53] strengthening [36:54] coordination [36:55] to [36:55] government [36:56] agencies [36:57] subject [36:57] to [36:57] the [36:57] applicable [36:58] laws, [36:59] the [36:59] data [37:00] privacy [37:00] safeguards [37:01] and [37:01] available [37:01] resources. [37:02] So, [37:03] Honorable [37:04] Chair, [37:04] as of [37:05] today, [37:06] we have [37:07] facilitated [37:07] in the [37:09] 2026 [37:10] data about [37:11] 584 [37:13] BIR [37:13] related [37:14] verifications. [37:15] while there [37:16] are also [37:17] individual [37:17] verifications, [37:20] validations [37:20] through [37:21] law firms, [37:23] about [37:23] 133 [37:24] requests [37:25] in relation [37:25] to this [37:26] state [37:28] settlement. [37:30] So, [37:30] we [37:30] emphasize [37:31] the importance [37:32] of a [37:32] clearly [37:33] defined [37:33] documentary [37:34] requirements [37:35] and [37:35] effective [37:36] interagency [37:37] coordination [37:37] so that [37:38] eligible [37:39] families [37:39] can comply [37:40] with the [37:40] law with [37:41] appropriate [37:41] safeguards [37:42] against [37:42] fraud [37:43] are [37:43] maintained. [37:44] So, [37:44] we also [37:45] have [37:45] data [37:46] sharing [37:46] agreement [37:46] currently [37:47] with the [37:48] BIR [37:48] to provide [37:49] support [37:49] for this [37:50] initiative. [37:52] So, [37:53] Honorable [37:53] Senators, [37:54] we respectfully [37:54] manifest our [37:55] support for [37:56] the passing [37:56] of the [37:57] bill. [37:57] Thank you. [37:58] Actually, [37:58] your participation [38:00] is very [38:00] vital [38:00] kasi [38:01] I think [38:02] diyan [38:02] maraming [38:03] complications [38:03] pagdating sa [38:04] certificate [38:05] of death [38:06] or death [38:07] certificate, [38:08] especially [38:08] in power [38:09] flung areas [38:09] where people [38:11] are, [38:11] you know, [38:12] illiterate [38:13] or [38:13] wouldn't know [38:14] how to [38:15] handle [38:15] such [38:16] situations [38:17] as far [38:18] as [38:18] taxation [38:19] is [38:19] concerned. [38:20] So, [38:20] with that, [38:20] meron pa ba? [38:22] Kung wala na po, [38:23] we'll hear [38:23] from the [38:24] DOF. [38:26] Hello, [38:26] sir. [38:26] Good morning, [38:27] sir. [38:28] Sorry. [38:28] We thank you, [38:29] sir, [38:29] for the [38:29] opportunity [38:30] of being [38:31] here. [38:32] The [38:32] Philippine [38:32] Institute [38:32] of Certified [38:33] Public [38:33] Accountants, [38:34] as the [38:35] accredited [38:35] integrated [38:36] professional [38:36] organization [38:37] of the [38:38] certified [38:38] public [38:38] accountants [38:39] in the [38:39] Philippines, [38:40] welcomes [38:41] the opportunity [38:42] to contribute [38:43] its professional [38:44] and technical [38:44] perspective on [38:45] the proposed [38:46] measures, [38:47] extending and [38:48] enhancing the [38:49] estate tax [38:50] amnesty. [38:50] As accounting [38:51] and tax [38:52] professionals who [38:53] regularly assist [38:54] taxpayers in [38:55] complying with [38:56] their obligations, [38:57] we recognize [38:58] the importance [38:59] of an [39:00] amnesty [39:00] framework that [39:01] is not only [39:02] fiscally [39:02] responsive, [39:04] but also [39:04] practical, [39:05] accessible, [39:06] and [39:06] administratively [39:07] workable. [39:09] At PICPA, [39:10] we recognize [39:11] that the [39:11] estate tax [39:12] amnesty [39:12] has served [39:13] an important [39:13] purpose beyond [39:14] simply providing [39:15] tax relief. [39:17] And we know [39:18] that there are [39:18] 15 bills [39:20] that are [39:20] pending now. [39:22] There are [39:23] several measures [39:24] proposing to [39:25] extend and [39:25] enhance the [39:26] estate tax [39:27] amnesty [39:27] we believe [39:28] that it is [39:29] an opportunity [39:30] to not [39:31] only consider [39:32] a further [39:32] extension of [39:33] the availment [39:34] period, [39:35] but also to [39:35] examine how [39:36] the program [39:37] can be made [39:37] simpler, [39:39] more accessible, [39:40] and more [39:40] responsive to [39:41] the practical [39:42] difficulties [39:42] encountered by [39:43] taxpayers. [39:44] We, as [39:46] personal [39:47] experience, [39:48] I have [39:48] really clients [39:49] who really [39:50] want to [39:51] avail of [39:51] the amnesty. [39:52] They do [39:53] not want, [39:54] they want [39:54] it done as [39:55] soon as [39:56] possible because [39:56] they really [39:57] want to [39:57] use the [39:58] property to [39:59] bring it [40:00] back to [40:00] the formal [40:02] tax system. [40:03] But of [40:03] course, [40:04] because of [40:04] a lot of [40:05] problems in [40:08] the documentary [40:09] requirements, [40:10] which I [40:11] think will [40:11] be discussed [40:12] later, [40:14] they were [40:14] not able to [40:15] avail of [40:16] the amnesty. [40:17] So from [40:18] PICPA's [40:18] perspective, [40:19] an effective [40:19] amnesty [40:20] should strike [40:21] an appropriate [40:22] balance between [40:23] revenue generation [40:24] and taxpayer [40:25] relief. [40:26] More [40:26] importantly, [40:27] the process [40:27] should [40:28] encourage [40:29] voluntary [40:29] compliance [40:30] by removing [40:31] unnecessary [40:32] administrative [40:33] barriers while [40:34] maintaining [40:35] appropriate [40:35] safeguards for [40:36] the government. [40:37] Thank you. [40:40] Thank you. [40:41] Please. [40:46] Morning, [40:46] Mr. Chair. [40:47] Just very [40:47] briefly, we'd [40:48] like to [40:48] express our [40:49] support for [40:50] the proposed [40:51] amnesty. [40:53] We've been [40:54] asked to [40:55] estimate the [40:56] economic impact. [40:57] We've submitted [40:58] this to the [40:59] committee, [41:00] but at the [41:01] same time, [41:02] we'd like to [41:02] join the [41:03] Senate [41:03] President in [41:04] cautioning that [41:05] frequent tax [41:06] amnesty [41:07] programs can [41:08] undermine [41:08] enforcement [41:09] credibility, [41:10] encourage [41:10] taxpayers to [41:11] delay compliance [41:12] in anticipation [41:12] of future [41:13] amnesties, [41:14] and reduce [41:14] revenues over [41:15] the long [41:16] term. [41:16] Thank you, [41:17] Mr. [41:17] Chair. [41:18] Thank you. [41:19] So let's [41:23] proceed. [41:24] DOF, [41:25] your presentation. [41:27] Mr. [41:27] Chair, [41:27] the DOF [41:28] doesn't have [41:28] a presentation, [41:29] but we want [41:31] the BIR [41:31] to present [41:33] the performance [41:35] of the [41:35] previous [41:36] amnesty. [41:36] Go ahead, [41:37] BIR. [41:53] Good morning, [41:54] Mr. [41:54] Chair. [41:55] Good morning, [41:55] President [41:56] Petralian. [41:58] I am [41:59] Floride [41:59] at Qualis [42:00] from the [42:00] Assessment [42:00] Performance [42:01] Monitoring [42:02] Division of [42:02] the Bureau [42:03] of Internal [42:03] Revenue, [42:04] and we [42:04] will be [42:05] presenting [42:05] the [42:05] performance [42:06] of the [42:09] different [42:10] estate [42:10] amnesty. [42:12] Okay, [42:14] first slide. [42:18] Okay, [42:18] the estate [42:18] tax amnesty [42:19] is a special [42:20] tax relief [42:20] program, [42:21] as mentioned [42:22] by our [42:23] chair, [42:24] Mr. [42:24] Chair, [42:24] is a special [42:25] tax relief [42:26] program that [42:27] allows heirs [42:28] to settle [42:28] unpaid estate [42:30] taxes from [42:30] deceased relatives [42:31] without paying [42:32] massive accrued [42:33] penalties, [42:34] surcharges, [42:34] and interest [42:35] rates. [42:37] Okay, [42:39] next slide, [42:40] please. [42:40] Throughout the [42:41] three RAs, [42:42] or Republic [42:43] Acts, [42:43] several key [42:44] changes were [42:44] introduced to [42:45] improve and [42:45] expand the [42:46] estate tax [42:47] amnesty [42:47] program. [42:48] The [42:49] coverage [42:50] cut-off [42:50] date was [42:51] extended from [42:51] December [42:52] 31, [42:53] 2017 to [42:53] May 31, [42:54] 2022, [42:55] allowing more [42:56] estates to [42:56] qualify for [42:57] the amnesty, [42:58] and payment [42:59] through the [43:00] BI or [43:00] approved e-payment [43:01] facilities were [43:02] also introduced. [43:04] Another [43:04] significant [43:05] amendment was [43:06] the streamlining [43:07] of documentary [43:07] requirements, [43:08] particularly [43:09] allowing taxpayers [43:10] to apply [43:11] without initially [43:12] submitting the [43:14] EJS, [43:15] or the [43:16] actual judicial [43:16] settlement, [43:17] or proof [43:17] of settlement, [43:19] and this [43:19] is stipulated [43:22] in our [43:22] RMC 40-2025 [43:24] and RMC [43:25] 33-2026. [43:28] Next slide, [43:29] please. [43:31] Okay, [43:32] shown here [43:32] are the [43:33] number of [43:33] availers and [43:34] the collections [43:34] generated [43:35] during the [43:36] three estate [43:37] tax amnesty [43:37] periods. [43:39] Among the [43:40] three amnesty [43:40] periods, [43:41] if you would [43:41] notice, [43:42] the second [43:42] extension recorded [43:43] the highest [43:44] number of [43:45] availers and [43:45] generated the [43:46] highest [43:47] collections. [43:51] To date, [43:52] we have [43:52] 330,805 [43:55] total [43:56] applications. [43:59] Next slide, [44:00] please. [44:02] Based on [44:03] the comparison, [44:04] the collections [44:04] initially decreased [44:05] by 32.06% [44:07] from the [44:08] original [44:08] amnesty [44:09] period to [44:10] the first [44:10] extension. [44:11] However, [44:12] there was a [44:12] significant [44:13] increase during [44:14] the second [44:14] extension with [44:15] collections [44:16] rising by [44:17] 139.23%. [44:19] Now, [44:21] please note [44:21] that despite [44:22] the increase [44:22] in the [44:23] number of [44:23] availers, [44:24] there's a [44:25] significant [44:25] increase in [44:26] the number [44:26] of availers [44:27] during the [44:27] first extension, [44:29] the collections [44:29] decreased by [44:30] 32.06%. [44:33] Please note [44:34] that the [44:35] higher number [44:35] of availers [44:36] does not [44:36] necessarily [44:37] result in [44:38] higher collections [44:39] as the [44:39] amount of [44:40] estate tax [44:40] paid on [44:42] the value [44:42] of the [44:43] taxable [44:43] estate of [44:44] each decedent. [44:45] as the [44:47] estate tax [44:48] paid depends [44:49] largely on [44:50] the value [44:51] of the [44:51] taxable [44:52] estate of [44:52] each decedent. [44:54] Thus, [44:54] the first [44:55] extension may [44:56] have had [44:56] more availers [44:57] but their [44:57] aggregate taxable [44:59] estate values [45:00] and corresponding [45:01] tax payments [45:01] could have [45:02] been lower. [45:06] Next slide, [45:07] please. [45:08] Looking at [45:08] the target [45:09] versus actual [45:09] collections, [45:10] the actual [45:11] collections [45:12] exceeded [45:12] the target [45:14] by 31% [45:15] during both [45:16] the original [45:17] implementation and [45:18] the first [45:18] extension. [45:20] During the [45:20] second [45:21] extension, [45:21] the actual [45:22] collections [45:22] performed even [45:23] better, [45:24] exceeding the [45:24] target by [45:25] 217%. [45:27] Overall, [45:28] the estate tax [45:28] amnesty [45:29] program generated [45:30] $16.1 billion [45:32] in actual [45:33] collections against [45:34] the $8.7 billion [45:35] target, [45:36] exceeding the [45:37] target by [45:37] approximately [45:38] 84%. [45:40] With that, [45:57] Mr. Chair, [45:57] we're ready [45:57] to answer [45:59] any questions. [46:00] First question, [46:02] we were discussing [46:03] earlier, [46:04] ano yung cut-off [46:05] natin [46:05] reckoning from [46:06] the deadline? [46:07] Say, [46:08] June 14, [46:09] assuming, [46:10] nagawin natin [46:11] June 14, [46:12] 2028, [46:13] yung deadline [46:14] nitong ating [46:15] ipapasang tax [46:16] amnesty, [46:19] yung bang [46:19] nag-apply [46:19] ng June 14 [46:20] and properly [46:22] receive [46:23] yung kanya [46:23] application, [46:25] can still avail? [46:27] Ano yung cut-off [46:28] natin? [46:28] We should define [46:29] that siguro. [46:30] Mr. Chair, [46:34] on the [46:35] suggestion [46:36] of the [46:36] final deadline, [46:41] our suggestion [46:42] is to have it [46:42] on June 30, [46:44] 2028, [46:45] at the end [46:46] of the [46:46] administration, [46:47] Mr. Chair. [46:48] Even assuming [46:48] June 30, [46:49] yung nag-file [46:50] ng June 29 [46:51] or June 30, [46:53] their application [46:55] will still be [46:56] processed, [46:56] Mr. Chair, [46:57] in accordance [46:57] with the [46:58] timeline. [46:58] Maski hindi pa [46:59] nakakabayat, [47:00] baka kailangan [47:01] receipt of payment [47:02] ang ating [47:05] cut-off. [47:07] That would be [47:08] better for [47:08] administration. [47:10] Kasi nag-file [47:11] ka ng application, [47:12] properly receive [47:13] yung application mo, [47:16] hindi ka naman [47:16] nagbabayad. [47:18] But nakapending [47:19] application mo, [47:19] covered ka ng [47:20] amnesty. [47:22] There must be [47:22] some, [47:23] you know, [47:24] some pressure, [47:25] so to speak, [47:26] for lack of a [47:27] better word, [47:27] na magbayad ka. [47:28] I-process, [47:30] yung after [47:32] availment, [47:33] yung betting, [47:34] et cetera, [47:34] et cetera, [47:35] and then magbayad ka. [47:36] Maski still [47:37] ongoing betting [47:38] by the BIR, [47:40] at least nakabayad siya. [47:41] So Mr. Chair, [47:42] the pleasure is to [47:43] have the payments [47:45] in also by [47:46] the 30th. [47:47] Yes. [47:48] That's the [47:49] suggestion from [47:49] the Chair, [47:50] as we were [47:51] discussing it [47:51] with the staff. [47:53] So sir, [47:53] will, [47:55] what, [47:56] the thing in [47:57] the procedure [47:57] right now, [47:58] sir, [47:58] that we have, [47:59] the current one, [48:00] we have a deadline [48:01] for the issuance [48:02] by the RDOs [48:03] of the acceptance [48:03] payment form, [48:05] but there's no [48:05] deadline within [48:07] which the [48:08] taxpayer should [48:09] pay. [48:10] So in this [48:11] instance, [48:12] we'll provide [48:13] the number of [48:14] days also [48:14] that they're [48:15] required to pay. [48:16] Thank you. [48:17] Yung sa PSA, [48:20] parang wala tayong [48:22] probation, [48:23] kung halimbawa [48:23] walang direct [48:24] descendant, [48:27] pwede ba rin [48:28] yung siblings [48:28] na ma-recognize [48:30] na mag-avail [48:32] ng tax amnesty [48:33] doon sa [48:34] descendant? [48:35] Sorry, sir, [48:39] what we're doing [48:41] for the PSA [48:42] is only to [48:43] provide [48:44] verifications, [48:46] validations, [48:47] on the [48:48] certifications [48:48] of debt [48:49] that is usually [48:51] provided [48:52] through the [48:53] Bureau of Immigration, [48:54] through the [48:55] BIR, [48:56] or to their [48:57] representatives, [48:58] yung mga [48:58] law firms, sir. [48:59] So I think [49:01] we can refer [49:02] to that. [49:02] That should be [49:03] addressed to the [49:03] BIR or DOF. [49:06] Na-discuss na rin [49:07] natin ito [49:07] last Tuesday, [49:09] yung suggested [49:10] by former [49:11] Commissioner [49:11] Inares, [49:12] paano yung [49:13] kapatid, [49:13] sister, [49:14] or brother? [49:16] Yeah. [49:16] I think we should [49:17] also include [49:18] or consider [49:19] na pwede [49:20] sila mag-avail. [49:21] I think the [49:25] question [49:25] during that [49:27] meeting, sir, [49:28] is that [49:28] the [49:29] brothers or [49:32] sisters [49:33] cannot [49:33] get the [49:34] requirements [49:35] from the [49:36] PSA [49:37] because they're [49:37] not allowed [49:38] to request [49:39] apparently [49:41] only the [49:43] direct [49:44] daughter, [49:46] son, [49:46] the children, [49:47] or the [49:47] parents, [49:48] pero not [49:49] the [49:49] collateral. [49:51] I will [49:53] explain, [49:53] sir, [49:54] the process [49:56] is if [49:56] they have [49:57] to require [49:57] the actual [49:58] physical [49:58] copy, [49:59] yun yung [49:59] hindi [50:00] inirelease [50:00] ng PSA, [50:02] but for [50:03] the purpose [50:03] of [50:04] settling [50:05] the [50:05] amnesty [50:06] tax, [50:08] we require [50:09] them to [50:09] submit a [50:10] letter [50:10] specifying [50:11] the [50:12] purpose [50:12] and we [50:14] confirm [50:15] whether [50:15] they have [50:16] birth [50:17] certificate, [50:18] marriage, [50:18] or death [50:18] certificate. [50:19] And we [50:20] also can [50:21] do [50:21] verifications [50:21] as to [50:22] halimbawa [50:24] yung mga [50:24] anak, [50:25] yung [50:25] availability, [50:26] but not [50:27] really [50:27] providing [50:29] the [50:29] physical [50:30] copy [50:30] of the [50:30] documents. [50:32] So, [50:33] hindi po [50:33] siya [50:33] pupunta [50:34] sa outlet [50:34] and [50:35] magre-request. [50:35] They [50:36] have to [50:36] file, [50:37] submit [50:38] a letter [50:39] specifying [50:40] the [50:40] purpose [50:40] of the [50:41] request. [50:43] I think [50:44] the issue [50:44] is [50:44] kung hindi [50:45] direct, [50:46] hindi [50:46] parent, [50:47] hindi [50:47] anak. [50:48] But [50:48] if [50:48] you [50:49] direct, [50:49] sir, [50:49] they [50:49] can [50:49] go [50:50] directly [50:50] to [50:50] the [50:50] outlets, [50:51] request [50:52] in any [50:53] of the [50:54] authorized [50:54] channels. [50:55] but [50:55] for [50:56] those [50:56] relatives, [50:58] family, [50:59] or even [51:00] cousins, [51:00] they will [51:02] have to [51:02] write a [51:03] letter [51:03] to [51:04] PSA [51:04] and [51:05] request [51:06] for [51:07] the [51:07] verification [51:08] for [51:09] this [51:09] specific [51:09] purpose. [51:10] spot. [51:12] Mr. [51:13] Chair, [51:13] may I [51:13] just [51:13] ask, [51:14] so [51:14] the [51:15] physical [51:15] copy [51:16] of the [51:16] birth [51:17] certificate [51:17] or the [51:19] birth [51:19] certificates [51:20] would be [51:21] given to [51:22] that [51:24] heir, [51:25] collateral, [51:26] the brother [51:27] or the [51:27] sister. [51:28] By the way, [51:28] I'll be [51:29] flexible. [51:30] You can [51:30] talk to [51:30] each [51:30] other. [51:31] Anyway, [51:31] you don't [51:33] have to [51:34] address the [51:34] chair. [51:34] It will [51:39] be [51:39] recorded. [51:40] Just to [51:41] clarify, [51:41] sir, [51:41] with the [51:42] PSA, [51:43] whether [51:43] the brothers [51:45] and sisters [51:45] can get a [51:45] physical [51:46] copy or [51:46] no po? [51:48] Because [51:48] they need [51:48] to [51:48] submit [51:49] it [51:49] to [51:49] the [51:49] BIR. [51:52] If [51:52] they [51:52] will [51:53] be [51:53] given [51:53] an [51:54] authorization [51:54] by the [51:56] immediate [51:56] family, [51:57] they can [51:57] get the [51:58] actual [51:58] physical [51:58] copy. [51:59] But [51:59] in [52:00] cases [52:01] where [52:01] they [52:01] don't [52:03] have [52:03] the [52:04] documentary [52:05] requirements [52:06] under [52:06] the [52:07] Data [52:07] Privacy [52:08] Act, [52:08] what [52:08] the [52:09] family [52:09] will [52:09] do [52:09] is [52:10] to [52:10] submit [52:10] a [52:11] letter [52:11] request [52:12] for [52:12] verification. [52:13] And [52:13] we [52:14] submit [52:14] certifications [52:16] but not [52:17] the [52:17] actual [52:18] physical [52:18] copy. [52:19] So I'd [52:19] like [52:20] to [52:20] correct [52:20] the [52:21] statistics [52:22] that [52:22] I've [52:23] given [52:23] a [52:23] while [52:23] ago [52:23] for [52:25] BIR [52:25] state [52:25] tax [52:26] settlements [52:26] since [52:27] 2024. [52:28] We [52:28] have [52:28] recorded [52:29] more [52:30] than [52:32] 1,600 [52:32] plus [52:33] verifications [52:35] that we've [52:35] done. [52:36] I think [52:36] central [52:37] office [52:37] lang po [52:38] to [52:38] sir. [52:39] Hindi [52:39] pa [52:40] kasama [52:40] yung [52:40] mga [52:41] regional [52:41] offices [52:42] that [52:42] directly [52:44] pinagko-coordinate [52:45] ng mga [52:45] regional [52:46] offices. [52:47] And [52:47] meron [52:48] din [52:48] po [52:48] yung [52:49] mga [52:49] true [52:49] dire [52:49] representatives [52:50] sa mga [52:50] law [52:51] firms. [52:52] So [52:52] ito [52:52] po yung [52:52] mga [52:53] talagang [52:53] hindi [52:54] nakakakuha [52:55] ng [52:55] actual [52:55] copies, [52:57] physical [52:57] copies [52:58] from [52:58] the [52:58] outlet. [52:58] So [52:59] about [52:59] 500 [53:00] letter [53:01] requests [53:02] that [53:02] we [53:03] facilitated [53:03] for [53:04] this [53:04] purpose. [53:05] Yeah, [53:09] there's [53:09] a question [53:10] here. [53:11] How [53:11] long [53:11] does it [53:11] take [53:12] yung [53:12] process? [53:13] It [53:14] depends [53:14] on the [53:15] number [53:15] of [53:16] verification [53:18] sir, [53:19] but [53:19] usually [53:20] we [53:20] follow [53:20] seven [53:22] day [53:23] working [53:23] days [53:24] po. [53:25] But [53:25] sometimes [53:26] medyo [53:26] lumalapas [53:27] pag [53:28] depende [53:28] sa volume [53:28] po. [53:29] Because [53:30] we're not [53:30] only catering [53:31] BIR [53:32] transactions. [53:33] It's [53:34] material [53:34] kasi [53:35] yung [53:36] period [53:37] ng [53:37] processing [53:38] tigtatalunan [53:40] nga [53:40] namin [53:40] kung [53:40] 20 [53:41] days [53:42] or [53:42] 15 [53:42] days [53:42] di ba? [53:43] Pero [53:44] kung [53:44] madidelay [53:44] do sa [53:45] PSA [53:45] as per [53:47] requirement [53:48] hindi [53:49] makaka [53:49] move [53:50] within [53:50] the [53:50] 20 [53:50] day [53:50] period [53:51] or [53:51] 15 [53:51] day [53:51] period. [53:52] That's [53:52] a problem. [53:53] Another [53:54] issue [53:54] with [53:54] the [53:54] PSA [53:55] yung [53:56] secondary [53:57] kasi [53:58] in [53:58] very [53:59] remote [53:59] areas [54:00] parang [54:01] hindi [54:01] naman [54:02] laalam [54:02] kumuha [54:02] ng [54:02] death [54:03] certificate [54:03] or [54:04] sa [54:04] civil [54:05] register. [54:06] Malayo [54:06] sila [54:06] sa [54:06] munisipyo. [54:07] So [54:08] nangyayari [54:08] is [54:08] certification [54:11] lang [54:11] ng [54:11] maragay [54:12] chairman [54:12] after [54:14] attestation [54:15] ng [54:15] 2 [54:15] disinterested [54:16] persons. [54:17] To [54:18] my [54:18] mind [54:18] medyo [54:19] masyadong [54:19] subjective [54:20] and [54:21] it [54:21] could [54:21] lead [54:22] to [54:22] fake [54:22] deaths [54:23] para [54:24] sa [54:26] inheritance. [54:27] So [54:28] how [54:28] do we [54:29] cure [54:29] that? [54:30] Sir [54:31] iba po [54:31] yung [54:32] process [54:32] ng [54:33] delayed [54:33] registration [54:34] for [54:34] the [54:34] death [54:35] it [54:35] requires [54:36] the [54:36] certification [54:39] from the [54:39] local [54:40] health [54:40] officer [54:41] that [54:42] they [54:42] have [54:42] undergone [54:43] an [54:45] interview [54:47] dun sa [54:48] causes [54:48] of [54:48] death [54:48] plus [54:49] additional [54:49] supporting [54:50] documents [54:51] like [54:51] burial [54:53] certification [54:54] yung [54:55] mga [54:55] cremation [54:56] ganun. [54:56] So [54:56] may [54:57] requirements [54:57] po [54:57] yun [54:58] not [54:58] only [54:59] the [54:59] barangay [55:00] certification [55:00] po [55:01] pero [55:02] sa [55:02] bill [55:04] natin [55:05] parang [55:05] barangay [55:06] certification [55:07] lang [55:07] asec [55:08] so I [55:09] think [55:09] we should [55:09] reconcile [55:10] yung [55:11] requirement [55:11] of [55:12] PSA [55:12] with [55:13] the [55:13] provision [55:13] or [55:14] proposed [55:14] provision [55:15] dito sa [55:15] ating [55:16] estate tax [55:17] amnesty [55:17] meron silang [55:18] sasabi [55:18] na [55:19] burial [55:19] etc. [55:21] I [55:22] think [55:23] sir [55:23] they're [55:23] suggesting [55:24] that [55:24] the [55:26] death [55:26] be [55:26] registered [55:27] late [55:28] yun po [55:29] yun [55:30] yun [55:30] ang [55:31] process [55:31] po [55:32] ng [55:32] delayed [55:32] registration [55:33] it [55:33] has [55:33] to [55:33] pass [55:34] approval [55:35] through [55:35] the [55:36] local [55:36] health [55:36] officer [55:37] kasi [55:38] siya [55:38] po [55:38] yung [55:38] magbibigay [55:39] ng [55:40] causes [55:40] of [55:40] death [55:41] po [55:41] medyo [55:42] mahirap [55:43] siya [55:43] mag [55:43] delayed [55:44] registered [55:44] po [55:44] ng [55:45] death [55:45] same [55:45] question [55:45] how [55:46] long [55:46] will [55:46] be [55:46] the [55:47] process [55:47] kasi [55:48] everything [55:49] lahat [55:49] ng [55:49] process [55:50] na [55:50] madi [55:50] delay [55:51] affected [55:51] yung [55:52] 15 [55:53] or [55:53] 20 [55:53] days [55:54] hindi [55:54] naman [55:55] tayo [55:55] we [55:55] cannot [55:56] go [55:56] beyond [55:56] the [55:57] 20 [55:57] day [55:57] period [55:57] because [55:58] baka [55:59] mamind [55:59] natin [56:00] yung [56:00] ease [56:00] of [56:00] doing [56:01] business [56:01] kailangan [56:02] nakajive [56:04] yun [56:04] dun [56:04] and [56:05] this [56:05] is [56:05] a [56:05] special [56:06] law [56:06] and [56:07] it [56:07] will [56:07] be [56:08] unconstitutional [56:09] if we [56:10] amend [56:10] a [56:10] general [56:11] law [56:11] which [56:12] is [56:12] the [56:12] ease [56:13] of [56:13] doing [56:13] business [56:14] so [56:15] constraint [56:16] tayo [56:16] ng [56:16] period [56:17] maximum [56:18] siguro [56:18] 20 [56:18] days [56:19] under [56:20] the [56:20] civil [56:21] registration [56:21] procedures [56:22] the late [56:23] registration [56:24] of a [56:24] debt [56:24] certificate [56:25] will have [56:25] to [56:26] 10 [56:27] day [56:28] posting [56:28] may compliance [56:29] po yun [56:30] bago po [56:30] siya [56:30] i-register [56:31] ng [56:31] local [56:32] civil [56:32] registrar [56:33] and [56:34] then [56:34] there's [56:34] a [56:35] process [56:37] from [56:37] the [56:38] PSA [56:38] wherein [56:38] they [56:39] can [56:39] get [56:39] copy [56:40] in [56:41] advance [56:41] hindi [56:41] po nila [56:42] aantayin [56:43] yung [56:43] regular [56:44] submission [56:44] otherwise [56:45] it [56:45] will [56:45] take [56:45] 3 [56:46] months [56:46] to [56:46] reach [56:46] the [56:47] PSA [56:47] yung [56:47] actual [56:48] document [56:48] they [56:49] have [56:49] to [56:50] avail [56:50] of [56:50] the [56:50] electronic [56:51] endorsement [56:52] process [56:52] po [56:52] so [56:53] we [56:53] have [56:53] 7 [56:54] working [56:54] days [56:55] for [56:56] that [56:57] so [56:57] 17 [56:58] sir [56:59] if [57:00] will [57:01] undergo [57:01] the [57:01] delayed [57:01] registration [57:02] process [57:03] yeah [57:05] for [57:05] purposes [57:06] of [57:06] the [57:06] passage [57:06] of [57:07] the [57:07] law [57:07] into [57:08] law [57:08] itong [57:09] bill [57:09] siguro [57:10] sundin [57:10] natin [57:10] 20 [57:11] days [57:11] pero [57:11] pwede [57:12] nyo [57:13] namang [57:13] i-arr [57:14] or sa [57:14] memorandum [57:15] circular [57:15] ng [57:15] BIR [57:16] siguro [57:16] to [57:17] have [57:17] some [57:17] flexibility [57:18] just [57:19] like [57:19] what [57:20] Foreigner [57:20] Commissioner [57:21] Kim [57:21] Menares [57:22] used [57:22] to [57:22] do [57:23] Mr. [57:25] Chair [57:26] I [57:27] think [57:28] yung [57:28] processing [57:28] of the [57:29] requirements [57:30] will [57:30] become [57:31] coming [57:32] ahead of [57:33] that [57:33] 20 [57:33] day [57:34] period [57:34] so [57:35] ang [57:36] problems [57:36] sir [57:36] parang [57:37] yung [57:37] katulad [57:37] din po [57:37] sa [57:38] EJS [57:38] before [57:39] since [57:40] they [57:40] cannot [57:41] get [57:41] the [57:42] EJS [57:42] they [57:43] cannot [57:43] apply [57:43] so [57:44] parang [57:44] ganun [57:45] yung [57:45] in the [57:45] instance [57:46] of [57:46] those [57:46] that [57:47] do [57:47] not [57:47] have [57:47] itong [57:48] death [57:49] certificates [57:49] hindi [57:50] sila [57:50] makapag [57:51] apply [57:51] kasi [57:51] they [57:52] have [57:52] to [57:52] still [57:52] go [57:53] through [57:53] that [57:53] process [57:54] of [57:54] registering [57:55] the [57:55] delayed [57:56] registrations [57:57] I think [57:59] we should [58:00] settle [58:00] that [58:00] clearly [58:01] kasi [58:03] baka [58:03] mag-defeat [58:04] yung [58:04] purpose [58:04] ng [58:05] amnesty [58:06] and [58:07] I think [58:07] one of [58:07] the [58:07] reasons [58:08] why [58:08] hindi [58:09] talaga [58:09] nakaka-abill [58:10] yung [58:11] karamihan [58:11] dahil [58:12] of the [58:12] because [58:13] of the [58:13] time [58:13] constraint [58:14] siguro [58:14] team [58:18] up [58:18] you have [58:19] some [58:19] contribution [58:20] outside [58:23] of your [58:24] opening [58:24] statement [58:25] and [58:27] being [58:28] discussed [58:28] yes [58:32] mr. [58:33] chair [58:33] we [58:34] noted [58:34] that [58:36] in the [58:37] last [58:37] amnesty [58:38] program [58:39] as [58:39] mentioned [58:39] by [58:40] ASIC [58:41] asuncion [58:41] there [58:42] were [58:42] some [58:42] flexibility [58:43] on the [58:43] part [58:44] of [58:44] the [58:44] BIR [58:44] in [58:46] requiring [58:46] documents [58:48] for [58:49] submission [58:49] in order [58:50] to avail [58:51] of the [58:51] SA tax [58:52] amnesty [58:52] one of [58:53] those [58:53] was [58:54] the [58:54] submission [58:54] of [58:54] the [58:54] EJS [58:55] which [58:56] we [58:56] know [58:56] would [58:57] take [58:57] some [58:57] time [58:58] before [58:59] it [58:59] could [59:00] be [59:00] finalized [59:02] and [59:02] settled [59:03] which [59:03] caused [59:04] a lot [59:05] of [59:05] delay [59:05] in [59:05] the [59:06] submission [59:06] of [59:06] the [59:06] documents [59:07] I [59:07] think [59:08] the [59:09] same [59:09] flexibility [59:11] may be [59:12] adopted [59:13] by [59:13] the [59:13] BIR [59:14] with [59:15] respect [59:16] to [59:16] submission [59:17] of [59:18] documents [59:19] particularly [59:20] I [59:20] think [59:21] with [59:21] respect [59:21] to [59:22] certificate [59:24] of [59:24] death [59:24] I [59:25] think [59:25] we [59:26] would [59:26] recommend [59:28] that [59:29] secondary [59:29] evidence [59:30] for [59:31] the [59:31] death [59:31] may [59:32] also [59:32] be [59:33] considered [59:33] by [59:33] the [59:34] BIR [59:34] as [59:36] mentioned [59:38] by [59:38] the [59:39] chair [59:40] earlier [59:40] affidavits [59:42] from [59:42] the [59:43] certification [59:44] from [59:45] the [59:45] barangay [59:46] as well [59:46] as [59:47] affidavits [59:48] of [59:48] two [59:48] disinterested [59:49] persons [59:50] at least [59:51] for [59:51] purposes [59:52] of [59:52] establishing [59:54] the [59:54] death [59:54] and [59:55] for [59:55] purposes [59:55] of [59:56] availing [59:57] of [59:57] the [59:57] tax [59:57] amnesty [59:58] perhaps [59:59] this [59:59] may [59:59] be [59:59] sufficient [1:00:00] so [1:00:03] that [1:00:03] the [1:00:04] application [1:00:05] may be [1:00:06] accepted [1:00:06] by the [1:00:07] BIR [1:00:07] are [1:00:08] there [1:00:10] there [1:00:10] are [1:00:10] also [1:00:10] issues [1:00:14] on [1:00:14] I [1:00:15] think [1:00:15] one [1:00:16] of [1:00:16] the [1:00:16] issues [1:00:16] also [1:00:17] is [1:00:17] on [1:00:17] the [1:00:17] availability [1:00:18] of [1:00:19] originals [1:00:20] of [1:00:20] TCTs [1:00:21] and [1:00:22] tax [1:00:22] declarations [1:00:23] which are [1:00:24] also part [1:00:24] of the [1:00:25] documents [1:00:25] which [1:00:26] are [1:00:26] required [1:00:27] to be [1:00:27] submitted [1:00:27] in [1:00:29] some [1:00:29] cases [1:00:30] these [1:00:32] CTCs [1:00:35] are [1:00:35] not [1:00:35] the [1:00:36] originals [1:00:37] of the [1:00:37] TCTs [1:00:38] or the [1:00:38] OCTs [1:00:40] are not [1:00:40] available [1:00:40] and what [1:00:41] the families [1:00:42] only have [1:00:43] are [1:00:43] photocopies [1:00:44] of these [1:00:45] documents [1:00:46] perhaps [1:00:48] this may [1:00:49] also be [1:00:50] accepted [1:00:52] by the [1:00:52] BIR [1:00:53] at least [1:00:54] for the [1:00:54] limited [1:00:54] purpose of [1:00:55] availing of [1:00:56] the [1:00:56] estate [1:00:57] tax [1:00:57] amnesty [1:00:58] of [1:00:59] course [1:00:59] with [1:00:59] respect [1:01:00] to [1:01:00] issuing [1:01:01] the [1:01:02] ECAR [1:01:03] and [1:01:04] also [1:01:04] titling [1:01:05] the [1:01:05] property [1:01:06] that [1:01:06] would [1:01:06] be [1:01:06] another [1:01:06] matter [1:01:07] but [1:01:08] at least [1:01:08] for [1:01:08] purposes [1:01:08] of [1:01:09] availing [1:01:09] so [1:01:16] I [1:01:17] think [1:01:17] that [1:01:18] if [1:01:18] that [1:01:18] would [1:01:18] be [1:01:19] the [1:01:19] direction [1:01:19] I [1:01:19] think [1:01:20] that [1:01:20] would [1:01:20] be [1:01:20] helpful [1:01:21] for [1:01:21] a [1:01:22] lot [1:01:22] of [1:01:22] estates [1:01:24] who [1:01:24] would [1:01:25] wish [1:01:25] to [1:01:25] avail [1:01:25] of [1:01:25] the [1:01:26] estate [1:01:28] tax [1:01:29] amnesty [1:01:29] So [1:01:32] we'll [1:01:33] hear [1:01:33] from [1:01:33] the [1:01:33] people [1:01:34] on [1:01:34] the [1:01:34] ground [1:01:34] experience [1:01:36] especially [1:01:38] mga [1:01:38] difficulties [1:01:38] in [1:01:39] complying [1:01:40] with [1:01:41] the [1:01:41] law [1:01:41] Good [1:01:51] morning [1:01:52] Mr. [1:01:52] Chen [1:01:52] and [1:01:53] Mr. [1:01:53] Senate [1:01:53] President [1:01:54] with [1:01:55] respect [1:01:56] to [1:01:56] the [1:01:56] issues [1:01:57] encountered [1:01:57] in [1:01:57] Taguig [1:01:58] especially [1:01:59] with [1:01:59] respect [1:02:00] to [1:02:00] the [1:02:00] estate [1:02:01] tax [1:02:01] amnesty [1:02:01] number [1:02:04] one [1:02:04] is [1:02:04] the [1:02:04] documentation [1:02:05] when [1:02:06] you [1:02:06] tell [1:02:06] the [1:02:07] taxpayer [1:02:07] that [1:02:07] we [1:02:08] in [1:02:08] Taguig [1:02:09] accept [1:02:09] the [1:02:10] photocopies [1:02:11] presented [1:02:12] to us [1:02:12] we can [1:02:12] compute [1:02:13] the [1:02:13] estate [1:02:14] tax [1:02:14] amnesty [1:02:14] but [1:02:15] when [1:02:15] we [1:02:16] ask [1:02:16] them [1:02:16] to [1:02:16] go [1:02:17] to [1:02:17] the [1:02:17] city [1:02:18] assessor's [1:02:19] office [1:02:19] and [1:02:19] the [1:02:19] register [1:02:20] of [1:02:20] deeds [1:02:20] to [1:02:21] get [1:02:21] certified [1:02:22] through [1:02:22] copies [1:02:23] surely [1:02:24] it [1:02:24] will [1:02:25] entail [1:02:25] additional [1:02:26] expenses [1:02:26] on [1:02:26] their [1:02:27] part [1:02:27] sumisimangot [1:02:28] na [1:02:28] po [1:02:28] yun [1:02:29] kinumpute [1:02:30] nyo [1:02:30] na [1:02:31] parang [1:02:32] may [1:02:33] maririlig [1:02:33] pa [1:02:33] po [1:02:33] kayo [1:02:34] na [1:02:34] namataya [1:02:35] na [1:02:36] kami [1:02:36] na [1:02:37] penalize [1:02:37] pa [1:02:38] kami [1:02:38] so [1:02:39] I [1:02:40] think [1:02:40] really [1:02:40] pag [1:02:42] nagkaroon [1:02:42] po [1:02:42] ng [1:02:42] amnesty [1:02:43] makakatulong [1:02:43] po [1:02:43] ito [1:02:44] so [1:02:44] i-relax [1:02:45] lang [1:02:45] natin [1:02:45] sana [1:02:45] po [1:02:46] sir [1:02:46] yung [1:02:46] when [1:02:48] you [1:02:48] get [1:02:48] decertified [1:02:48] through [1:02:49] copy [1:02:49] I [1:02:50] think [1:02:50] it's [1:02:51] part [1:02:51] of [1:02:51] the [1:02:51] local [1:02:52] government [1:02:52] na [1:02:52] kasi [1:02:54] magbabayad [1:02:55] sila [1:02:55] dun [1:02:55] then [1:02:56] babalik [1:02:56] samin [1:02:56] babayad [1:02:57] na [1:02:57] naman [1:02:57] so [1:02:59] isa [1:03:01] pa [1:03:01] ang [1:03:02] issue [1:03:02] dito [1:03:03] yung [1:03:03] pinsan [1:03:05] nag-aaway [1:03:05] the [1:03:06] true [1:03:07] nature [1:03:07] of [1:03:08] siblings [1:03:08] are [1:03:08] determined [1:03:09] during [1:03:09] inheritance [1:03:09] proceedings [1:03:10] so [1:03:11] it's [1:03:12] not [1:03:12] those [1:03:12] who [1:03:12] are [1:03:13] less [1:03:13] fortunate [1:03:13] na [1:03:14] ayaw [1:03:14] magbayad [1:03:14] minsan [1:03:15] po [1:03:15] yung [1:03:16] mas [1:03:16] meron [1:03:17] ang [1:03:17] hindi [1:03:18] magkaintindihan [1:03:19] I [1:03:22] don't [1:03:22] know [1:03:22] kung [1:03:22] paano [1:03:23] natin [1:03:23] ma-resolve [1:03:24] it [1:03:24] kasi [1:03:24] it's [1:03:24] a [1:03:24] personal [1:03:25] matter [1:03:25] that's [1:03:25] a [1:03:25] problem [1:03:25] we [1:03:26] should [1:03:26] resolve [1:03:26] that [1:03:27] we [1:03:28] should [1:03:28] find [1:03:28] a [1:03:28] way [1:03:29] yes [1:03:29] yeah [1:03:30] lalo [1:03:30] pa [1:03:31] doon [1:03:31] sa [1:03:31] mga [1:03:31] meron [1:03:32] pambayad [1:03:32] yes [1:03:38] during [1:03:42] the last [1:03:42] amnesty [1:03:44] bill [1:03:44] natin [1:03:45] alam [1:03:46] ni Nina [1:03:46] ito [1:03:46] we [1:03:47] separated [1:03:47] yung [1:03:48] payment [1:03:48] of [1:03:49] taxes [1:03:49] and [1:03:49] transfer [1:03:50] of [1:03:50] ownership [1:03:51] kasi [1:03:52] yung [1:03:52] mga [1:03:52] nag-aaway [1:03:53] they all [1:03:54] agree [1:03:54] bayaran [1:03:55] ng [1:03:55] taxes [1:03:55] pero [1:03:56] hindi [1:03:56] sila [1:03:56] magka-agree [1:03:57] sino [1:03:57] mayari [1:03:57] na [1:03:58] lupa [1:03:58] so [1:03:58] what [1:03:59] we [1:04:00] did [1:04:00] in [1:04:00] the [1:04:00] last [1:04:01] amnesty [1:04:01] hindi [1:04:02] na [1:04:02] rin [1:04:03] require [1:04:03] yung [1:04:04] extra [1:04:04] judicial [1:04:04] settlement [1:04:05] so [1:04:06] ibig [1:04:06] sabihin [1:04:07] magbayad [1:04:07] kayo [1:04:08] ng [1:04:08] taxes [1:04:08] tapos [1:04:09] yung [1:04:10] away [1:04:10] nyo [1:04:10] i-resolve [1:04:11] ninyo [1:04:11] bago [1:04:11] nyo [1:04:12] i-transfer [1:04:12] yung [1:04:12] lupa [1:04:13] so [1:04:14] in [1:04:15] the [1:04:15] last [1:04:15] amnesty [1:04:15] they [1:04:16] can [1:04:16] pay [1:04:17] their [1:04:18] taxes [1:04:18] so [1:04:19] hindi [1:04:19] na [1:04:19] require [1:04:20] itong [1:04:20] EGS [1:04:21] ang [1:04:22] nagiging [1:04:23] problema [1:04:23] namin [1:04:24] not [1:04:24] namin [1:04:25] mga [1:04:26] anecdotal [1:04:26] naririnig [1:04:27] ko [1:04:27] sa [1:04:29] BIR [1:04:30] is [1:04:30] iba-ibang [1:04:31] RDO [1:04:31] iba-iba [1:04:32] ang [1:04:32] requirements [1:04:34] even [1:04:35] though [1:04:35] we [1:04:35] specified [1:04:36] it [1:04:36] in [1:04:36] the [1:04:36] law [1:04:36] ang [1:04:37] naririnig [1:04:38] namin [1:04:38] sa [1:04:38] mga [1:04:39] constituents [1:04:41] ay [1:04:41] sa ibang [1:04:42] RDO [1:04:42] rinirequire [1:04:43] pa rin [1:04:43] yung [1:04:44] EGS [1:04:45] pero [1:04:46] in the law [1:04:47] hindi naman [1:04:47] narinirequire [1:04:48] yan [1:04:48] so [1:04:49] I think [1:04:50] there's [1:04:50] a [1:04:50] communication [1:04:51] issue [1:04:52] with [1:04:52] the [1:04:52] BIR [1:04:53] na [1:04:54] dapat [1:04:55] huwag [1:04:55] na [1:04:55] i-require [1:04:56] kasi [1:04:56] in-specify [1:04:57] na natin [1:04:58] in the law [1:04:59] kasi [1:04:59] yan yung [1:05:00] nagiging [1:05:01] issue [1:05:01] iba-ibang [1:05:02] RDO [1:05:03] iba-ibang [1:05:03] requirement [1:05:04] so [1:05:04] in-specify [1:05:05] na natin [1:05:05] yun [1:05:05] but [1:05:07] we have [1:05:07] to be [1:05:07] very [1:05:08] clear [1:05:08] that [1:05:08] in the [1:05:10] availment [1:05:10] of the [1:05:11] amnesty [1:05:11] hindi [1:05:11] na kailangan [1:05:12] yung [1:05:12] EGS [1:05:13] because [1:05:13] yun [1:05:14] ang [1:05:14] pinakamatagal [1:05:15] dekada [1:05:17] yun [1:05:17] bago [1:05:17] ma-resolve [1:05:18] yun [1:05:18] but [1:05:18] they [1:05:18] all [1:05:19] agree [1:05:19] bayaran [1:05:20] na [1:05:20] amilyar [1:05:20] bayaran [1:05:21] na [1:05:21] yung [1:05:21] estate [1:05:23] kaya [1:05:23] lalo [1:05:23] na [1:05:23] amilyar [1:05:24] minsan [1:05:24] na [1:05:25] foreclose [1:05:25] ng [1:05:26] gobyerno [1:05:26] yan [1:05:26] so [1:05:27] without [1:05:28] prejudice [1:05:29] to who [1:05:29] owns [1:05:29] the [1:05:30] property [1:05:30] they [1:05:30] want [1:05:31] to [1:05:31] pay [1:05:31] so [1:05:32] that's [1:05:32] what [1:05:32] we [1:05:32] resolved [1:05:33] here [1:05:33] it's [1:05:33] just [1:05:33] the [1:05:33] way [1:05:35] I [1:05:35] understand [1:05:35] it [1:05:35] there's [1:05:36] a [1:05:36] communication [1:05:37] gap [1:05:37] between [1:05:38] the [1:05:39] law [1:05:40] and [1:05:40] the [1:05:40] implementer [1:05:41] on [1:05:41] the [1:05:41] ground [1:05:42] maybe [1:05:45] BIR [1:05:45] wants [1:05:45] to [1:05:46] answer [1:05:47] that [1:05:47] on [1:05:51] the [1:05:51] requirement [1:05:52] of [1:05:53] AGS [1:05:53] yeah [1:05:54] it's [1:05:54] really [1:05:54] outside [1:05:55] the [1:05:56] processing [1:05:56] of [1:05:57] the [1:05:57] estate [1:05:58] tax [1:05:59] per se [1:05:59] because [1:06:00] extrajudicial [1:06:02] partition [1:06:02] settlement [1:06:03] among the [1:06:04] heirs [1:06:04] is a [1:06:05] ownership [1:06:06] issue [1:06:06] so [1:06:07] we [1:06:07] issued [1:06:08] the [1:06:08] revenue [1:06:08] corresponding [1:06:09] revenue [1:06:10] regulations [1:06:10] on that [1:06:11] your [1:06:12] honor [1:06:12] and [1:06:13] probably [1:06:15] may [1:06:16] may [1:06:17] mga [1:06:17] ilan [1:06:17] sigurong [1:06:18] RDO [1:06:18] na [1:06:18] hindi [1:06:19] pa [1:06:19] nila [1:06:19] nakaget [1:06:20] over [1:06:20] requiring [1:06:22] AGS [1:06:24] processing [1:06:25] pero [1:06:25] clear [1:06:26] naman [1:06:26] talaga [1:06:26] yung [1:06:26] law [1:06:27] and [1:06:28] when [1:06:29] we [1:06:29] issue [1:06:30] this [1:06:30] new [1:06:32] armist [1:06:33] law [1:06:34] we [1:06:34] will [1:06:34] make [1:06:35] sure [1:06:35] na [1:06:35] hindi [1:06:36] na [1:06:36] siya [1:06:36] requirement [1:06:37] and [1:06:38] also [1:06:38] it [1:06:40] may [1:06:40] be [1:06:40] also [1:06:40] causing [1:06:41] some [1:06:42] sort [1:06:44] of [1:06:45] requiring [1:06:45] additional [1:06:46] documents [1:06:46] yung [1:06:46] requirement [1:06:47] ng [1:06:47] law [1:06:47] na [1:06:47] while [1:06:49] we [1:06:49] listed [1:06:50] all [1:06:50] these [1:06:50] documents [1:06:51] may [1:06:51] provisions [1:06:51] sa baba [1:06:52] na [1:06:52] yung [1:06:53] DIR [1:06:54] may [1:06:54] request [1:06:54] for [1:06:54] alternative [1:06:55] documents [1:06:57] in case [1:06:57] of [1:06:57] non [1:06:58] presence [1:06:58] medyo [1:06:59] ano [1:06:59] yun [1:06:59] siguro [1:07:00] ang [1:07:00] suggestion [1:07:01] lang [1:07:01] din [1:07:02] namin [1:07:02] i-clearly [1:07:03] specify [1:07:03] na [1:07:03] talaga [1:07:03] yung [1:07:04] document [1:07:05] para [1:07:05] yung [1:07:05] alternative [1:07:06] medyo [1:07:06] baka yung [1:07:07] interpretation [1:07:07] lang [1:07:08] mga [1:07:08] alternative [1:07:08] documents [1:07:09] medyo [1:07:10] malawak [1:07:11] yung [1:07:11] alternative [1:07:11] documents [1:07:12] thank you [1:07:13] pa [1:07:13] let's [1:07:20] specify [1:07:21] it [1:07:21] I think [1:07:23] there's [1:07:23] a [1:07:23] communication [1:07:24] gap [1:07:24] and [1:07:25] then [1:07:26] the [1:07:27] other [1:07:27] one [1:07:27] Mr. [1:07:27] Chairman [1:07:28] since [1:07:28] nandito [1:07:28] yung [1:07:29] LGUs [1:07:31] kasama [1:07:31] yung [1:07:31] paborito [1:07:32] nyong [1:07:32] LGU [1:07:33] Taguig [1:07:34] City [1:07:34] yung [1:07:37] under [1:07:38] the [1:07:38] local [1:07:39] government [1:07:39] code [1:07:40] meron [1:07:41] ring [1:07:41] transfer [1:07:42] tax [1:07:43] pag [1:07:43] nagtatransfer [1:07:45] ng [1:07:45] lupa [1:07:46] and [1:07:47] I [1:07:47] understand [1:07:47] from [1:07:48] the [1:07:48] BIR [1:07:49] nagiging [1:07:52] requirement [1:07:53] rin yan [1:07:53] in the [1:07:54] estate [1:07:54] in some [1:07:56] RDO [1:07:57] so [1:07:59] meaning [1:07:59] ito yung [1:08:01] mga naririnig [1:08:02] ko lang [1:08:02] hinihingi [1:08:04] muna nila [1:08:04] yung [1:08:04] transfer [1:08:05] tax [1:08:05] ng [1:08:05] LGU [1:08:06] bago [1:08:07] nila [1:08:07] pinababayaran [1:08:08] yung [1:08:08] estate [1:08:09] tax [1:08:10] again [1:08:11] dapat yung [1:08:12] transfer [1:08:12] tax [1:08:12] should be [1:08:13] limited [1:08:13] to [1:08:13] the [1:08:13] transfer [1:08:14] of [1:08:14] the [1:08:14] property [1:08:15] it [1:08:16] has [1:08:16] nothing [1:08:16] to [1:08:16] do [1:08:16] with [1:08:17] the [1:08:19] availment [1:08:19] of [1:08:19] the [1:08:20] estate [1:08:20] so [1:08:21] I [1:08:22] think [1:08:22] mga [1:08:24] naririnig [1:08:25] ko [1:08:25] nagiging [1:08:25] issue [1:08:26] rin [1:08:26] yun [1:08:27] so [1:08:27] sa [1:08:28] LGUs [1:08:28] ganyan [1:08:30] rin [1:08:30] ba [1:08:30] ang [1:08:30] experience [1:08:32] ninyo [1:08:32] on the [1:08:33] ground [1:08:34] sa [1:08:34] RDO [1:08:35] po [1:08:35] hindi [1:08:35] ako [1:08:35] sa [1:08:36] LGUs [1:08:37] sa [1:08:37] RDO [1:08:37] pa [1:08:38] ba [1:08:38] ah [1:08:38] ok [1:08:38] and [1:08:39] I [1:08:39] can [1:08:40] RDO [1:08:42] pala [1:08:43] hindi po [1:08:43] namin [1:08:43] ginagawa [1:08:44] sa [1:08:44] tagigion [1:08:44] contribute [1:08:52] yung [1:08:52] experience [1:08:53] ninyo [1:08:53] honorable [1:08:55] senator [1:08:57] panpilo [1:08:58] lakson [1:08:59] and [1:08:59] honorable [1:09:00] senator [1:09:01] win [1:09:01] gatchalian [1:09:01] and [1:09:02] to [1:09:03] all of [1:09:03] your [1:09:04] presence [1:09:04] maganda [1:09:05] umaga [1:09:05] mga [1:09:06] po [1:09:06] ang [1:09:07] experience [1:09:08] ko [1:09:08] dyan [1:09:09] normally [1:09:10] po [1:09:11] ang [1:09:11] nagiging [1:09:11] problema [1:09:12] namin [1:09:12] dyan [1:09:12] is [1:09:12] yung [1:09:13] submission [1:09:14] of [1:09:14] the [1:09:16] required [1:09:16] documents [1:09:17] and [1:09:18] then [1:09:18] isa [1:09:20] pa rin [1:09:20] po [1:09:20] dyan [1:09:21] yung [1:09:21] mga [1:09:21] locking [1:09:23] of [1:09:23] signatures [1:09:24] of [1:09:24] the [1:09:24] legal [1:09:24] heirs [1:09:25] sa [1:09:25] EJS [1:09:26] but [1:09:27] sometimes [1:09:29] ang [1:09:29] ginagawa [1:09:30] po [1:09:30] ng [1:09:30] one [1:09:30] of [1:09:30] the [1:09:32] legal [1:09:32] heirs [1:09:33] will [1:09:33] require [1:09:34] will [1:09:35] request [1:09:36] us [1:09:37] to [1:09:41] make [1:09:42] the [1:09:43] estimate [1:09:44] computation [1:09:44] of [1:09:45] the [1:09:46] estate [1:09:46] tax [1:09:46] that [1:09:47] they [1:09:47] will [1:09:48] pay [1:09:48] and [1:09:49] then [1:09:49] we [1:09:52] will [1:09:52] give [1:09:52] them [1:09:52] a [1:09:52] rough [1:09:52] estimate [1:09:53] and [1:09:54] then [1:09:54] it's [1:09:56] up to [1:09:56] them [1:09:56] to [1:09:56] pay [1:09:57] it [1:09:57] voluntarily [1:09:58] but [1:09:59] we [1:10:00] cannot [1:10:00] issue [1:10:01] the [1:10:01] E-CAR [1:10:02] until [1:10:03] the [1:10:04] E-JS [1:10:05] is [1:10:06] submitted [1:10:06] so [1:10:08] the [1:10:09] E-CAR [1:10:09] we [1:10:10] cannot [1:10:10] issue [1:10:10] we [1:10:11] can [1:10:11] process [1:10:12] the [1:10:12] transactions [1:10:14] but [1:10:15] we [1:10:15] cannot [1:10:16] issue [1:10:16] the [1:10:16] E-CAR [1:10:17] until [1:10:17] the [1:10:18] documents [1:10:19] are [1:10:19] completed [1:10:20] and [1:10:40] also [1:10:40] to [1:10:41] our [1:10:41] beloved [1:10:42] Senate [1:10:43] President [1:10:44] Sir [1:10:46] Wingachalian [1:10:46] for [1:10:48] for [1:10:48] our [1:10:48] experiences [1:10:49] we [1:10:49] usually [1:10:50] process [1:10:51] extrajudicial [1:10:53] partition [1:10:54] even [1:10:54] we can [1:10:55] compute [1:10:56] the [1:10:57] estate [1:10:57] tax [1:10:58] due [1:10:58] of [1:10:58] a [1:11:00] estate [1:11:02] of a [1:11:04] particular [1:11:05] person [1:11:05] even [1:11:06] without [1:11:06] the [1:11:06] E-JS [1:11:07] so long [1:11:08] as [1:11:08] all the [1:11:08] documentary [1:11:09] requirements [1:11:10] are present [1:11:10] however [1:11:12] as far [1:11:13] as [1:11:13] the [1:11:14] issuance [1:11:14] of [1:11:15] E-CAR [1:11:15] we [1:11:16] will [1:11:16] be [1:11:16] needing [1:11:17] the [1:11:17] extrajudicial [1:11:19] so that [1:11:19] we can [1:11:20] accordingly [1:11:21] indicate [1:11:22] the name [1:11:23] of [1:11:23] the [1:11:24] property [1:11:25] owner [1:11:25] who [1:11:25] shall [1:11:26] inherit [1:11:26] the [1:11:27] particular [1:11:27] property [1:11:28] that [1:11:29] is [1:11:29] only [1:11:29] then [1:11:30] that [1:11:30] we [1:11:30] will [1:11:30] be [1:11:30] needing [1:11:31] the [1:11:31] extrajudicial [1:11:32] partition [1:11:35] with [1:11:38] respect [1:11:38] I just [1:11:39] want [1:11:39] to [1:11:39] I had [1:11:41] an [1:11:41] experience [1:11:41] once [1:11:42] when I [1:11:42] was [1:11:42] assigned [1:11:43] in [1:11:43] Ilocos [1:11:43] Norte [1:11:43] there [1:11:46] was [1:11:46] this [1:11:47] particular [1:11:48] family [1:11:49] wherein [1:11:50] I [1:11:50] forgot [1:11:51] the [1:11:51] SEC [1:11:52] where [1:11:52] they [1:11:52] are [1:11:52] associated [1:11:54] but [1:11:55] their [1:11:55] practice [1:11:56] was [1:11:56] upon [1:11:57] that [1:11:58] they [1:11:58] don't [1:11:59] bother [1:11:59] going [1:11:59] to [1:12:00] the [1:12:00] register [1:12:00] of [1:12:00] the [1:12:00] death [1:12:03] of [1:12:03] their [1:12:03] family [1:12:04] and [1:12:05] then [1:12:05] the [1:12:06] secondary [1:12:06] requirements [1:12:07] that I [1:12:07] required [1:12:08] just to [1:12:09] assist [1:12:09] them [1:12:09] with [1:12:10] their [1:12:10] requirements [1:12:11] was [1:12:12] to [1:12:13] secure [1:12:13] them [1:12:15] an [1:12:15] affidavit [1:12:16] likewise [1:12:17] photocopy [1:12:18] the [1:12:18] tomb [1:12:19] of [1:12:19] their [1:12:22] father [1:12:23] and at [1:12:23] the [1:12:23] same [1:12:24] time [1:12:25] secure [1:12:26] a [1:12:26] certification [1:12:26] from [1:12:27] the [1:12:29] administrator [1:12:29] of the [1:12:30] cemetery [1:12:30] just for [1:12:31] me to [1:12:32] be able [1:12:32] to [1:12:32] assist [1:12:33] them [1:12:33] and [1:12:33] process [1:12:34] the [1:12:35] extrajudicial [1:12:36] partition [1:12:37] of their [1:12:38] estature [1:12:38] yes [1:12:44] I think [1:12:46] medyo [1:12:46] klaro [1:12:46] na tayo [1:12:47] doon [1:12:47] as stated [1:12:47] by the [1:12:48] Senate [1:12:48] President [1:12:48] even in [1:12:49] the [1:12:49] existing [1:12:50] or [1:12:50] expired [1:12:51] as a [1:12:53] tax [1:12:53] amnesty [1:12:54] separate [1:12:55] na yung [1:12:55] extrajudicial [1:12:56] settlement [1:12:57] to [1:12:58] sa [1:12:58] availment [1:12:58] ng [1:12:59] amnesty [1:13:00] so let's [1:13:01] be clear [1:13:02] on that [1:13:02] and kindly [1:13:03] disseminate [1:13:04] to the [1:13:04] other [1:13:04] RDOs [1:13:06] na ganoon [1:13:06] dapat yung [1:13:07] kasi [1:13:08] naghihintayan [1:13:09] kaya [1:13:10] nadidelay [1:13:10] so [1:13:11] medyo [1:13:12] klaro [1:13:12] na tayo [1:13:12] doon [1:13:13] kaya [1:13:14] nyo [1:13:14] naman [1:13:14] computing [1:13:15] yung [1:13:15] estate [1:13:17] tax [1:13:18] based [1:13:19] on [1:13:19] the [1:13:19] amnesty [1:13:20] yung [1:13:21] sa [1:13:21] 6% [1:13:21] even [1:13:22] without [1:13:22] the [1:13:23] extrajudicial [1:13:23] settlements [1:13:24] kasi [1:13:25] kung yun [1:13:25] naghihintayin [1:13:26] lalo yung [1:13:27] mga [1:13:28] apo [1:13:28] na yung [1:13:28] kausap [1:13:29] umabot [1:13:30] na sa [1:13:30] daan [1:13:30] yan [1:13:31] we have [1:13:32] that [1:13:32] same [1:13:32] experience [1:13:33] kung [1:13:33] saan [1:13:34] hinanap [1:13:34] hinanap [1:13:35] sa [1:13:35] Quezon [1:13:35] yung [1:13:36] iba [1:13:36] nasa [1:13:36] Amerika [1:13:37] haanapin [1:13:38] mo [1:13:38] isa [1:13:38] isa [1:13:39] eh [1:13:39] kung [1:13:40] yun [1:13:40] nahihintayin [1:13:40] mo [1:13:40] minsan [1:13:42] taon [1:13:42] or [1:13:42] buwan [1:13:43] so [1:13:43] tapos [1:13:44] na yung [1:13:44] amnesty [1:13:45] hindi pa [1:13:46] natatapos [1:13:46] yung [1:13:46] extrajudicial [1:13:47] settlement [1:13:48] so [1:13:49] let's [1:13:49] be clear [1:13:49] on that [1:13:50] na [1:13:50] pwedeng [1:13:51] i-restate [1:13:51] yan dito [1:13:52] sa [1:13:52] measure [1:13:53] na [1:13:55] yung [1:13:56] ginawa [1:13:56] ni [1:13:56] senate [1:13:57] president [1:13:58] when he [1:13:58] was [1:13:58] the chairman [1:13:59] of the [1:14:00] ways and [1:14:01] means [1:14:01] so [1:14:02] I suppose [1:14:02] yung [1:14:03] ibang [1:14:03] artist [1:14:03] yan na [1:14:03] rin [1:14:04] ang [1:14:04] situation [1:14:05] sa inyo [1:14:05] so [1:14:06] loud and [1:14:07] clear [1:14:07] malinaw [1:14:08] na [1:14:08] doon [1:14:09] so [1:14:09] it's [1:14:09] now up [1:14:10] to [1:14:10] BIR [1:14:10] and [1:14:11] to [1:14:11] disseminate [1:14:12] properly [1:14:12] sa mga [1:14:13] RDOs [1:14:14] Mr. Chair [1:14:15] I think [1:14:16] one interesting [1:14:17] thing that [1:14:18] RDO [1:14:18] Kabantak [1:14:19] pointed out [1:14:20] is [1:14:21] on the [1:14:22] secondary [1:14:23] proof [1:14:23] of death [1:14:24] he [1:14:26] mentioned [1:14:27] that [1:14:27] what was [1:14:29] submitted [1:14:29] to them [1:14:30] was a [1:14:30] photo [1:14:31] of the [1:14:31] tomb [1:14:32] of the [1:14:33] of the [1:14:35] decedent [1:14:36] plus a [1:14:36] certification [1:14:37] from the [1:14:38] administrator [1:14:38] of the [1:14:39] cemetery [1:14:40] so [1:14:40] as [1:14:41] like [1:14:41] what [1:14:41] Com [1:14:42] Kim [1:14:42] also [1:14:42] mentioned [1:14:43] during [1:14:44] our [1:14:44] meeting [1:14:44] P.S.A. [1:14:50] P.S.A. [1:14:51] tapos [1:14:51] mag [1:14:52] complement [1:14:53] na lang [1:14:53] yung [1:14:54] ibang [1:14:54] requirement [1:14:55] but [1:14:56] hindi [1:14:56] siguro [1:14:57] pwedeng [1:14:57] stand alone [1:14:58] kasi [1:14:59] kung [1:15:00] photocopy [1:15:01] lang [1:15:01] or [1:15:01] photo [1:15:02] lang [1:15:02] ng [1:15:02] tomb [1:15:03] madaling [1:15:04] gumawa [1:15:04] ng [1:15:04] A.I. [1:15:06] A.I. [1:15:09] I think [1:15:11] sir [1:15:11] si [1:15:13] di ba [1:15:13] naglabos [1:15:14] ko yun [1:15:14] na [1:15:14] ano [1:15:15] the [1:15:16] Bureau [1:15:18] of [1:15:18] Internal [1:15:18] Revenue [1:15:19] they released [1:15:19] also [1:15:20] an RMC [1:15:20] na yung [1:15:21] proof [1:15:21] of [1:15:22] death [1:15:22] paano yun [1:15:23] yung requirement [1:15:23] niya [1:15:24] for [1:15:24] the [1:15:24] ETAR [1:15:25] so [1:15:28] eventually [1:15:29] they [1:15:30] proof [1:15:31] of [1:15:31] death [1:15:31] yung [1:15:31] nandito [1:15:32] So yun sir [1:15:37] during [1:15:38] the [1:15:38] implementation [1:15:40] of the [1:15:41] SA [1:15:42] Tax [1:15:43] Amnesty [1:15:43] there [1:15:44] were [1:15:44] a number [1:15:45] of [1:15:45] RMCs [1:15:45] that [1:15:46] were [1:15:46] released [1:15:46] by [1:15:47] the [1:15:47] BIR [1:15:47] naman [1:15:47] so [1:15:48] every [1:15:48] time [1:15:48] that [1:15:49] there [1:15:49] is [1:15:49] a [1:15:49] matter [1:15:49] that [1:15:50] is [1:15:50] raised [1:15:50] to [1:15:50] them [1:15:51] naglalabas [1:15:52] po [1:15:52] sila [1:15:52] na [1:15:52] RMC [1:15:52] so [1:15:53] in [1:15:53] this [1:15:53] instance [1:15:54] we'll [1:15:54] make [1:15:55] sure [1:15:55] that [1:15:55] the [1:15:56] information [1:15:57] on [1:15:57] the [1:15:57] requirements [1:15:58] as [1:15:58] well [1:15:59] as [1:15:59] on [1:15:59] the [1:15:59] procedure [1:15:59] that's [1:16:00] disseminated [1:16:02] to [1:16:03] all [1:16:03] the [1:16:03] RDOs [1:16:04] and [1:16:04] that [1:16:04] it [1:16:04] is [1:16:04] implemented [1:16:05] properly [1:16:05] sir [1:16:05] Sa [1:16:06] LRA [1:16:07] I don't [1:16:07] know [1:16:07] if [1:16:07] the [1:16:08] RDOs [1:16:08] may be [1:16:09] able [1:16:09] to [1:16:09] respond [1:16:10] to [1:16:10] this [1:16:10] Meron [1:16:12] pa [1:16:12] ba [1:16:12] sa [1:16:12] database [1:16:13] nyo [1:16:13] meron [1:16:14] pa [1:16:15] bang [1:16:15] nakapangalan [1:16:15] sa [1:16:16] mga [1:16:16] pinanganak [1:16:16] noong [1:16:17] 1920s [1:16:18] 1930s [1:16:19] 1940s [1:16:20] may [1:16:23] database [1:16:23] ba [1:16:23] kayo [1:16:23] niya [1:16:24] So [1:16:26] how [1:16:26] do [1:16:26] we [1:16:27] deal [1:16:27] with [1:16:27] kung [1:16:28] wala [1:16:28] kay [1:16:28] database [1:16:29] namatay [1:16:31] na [1:16:31] sigurado [1:16:31] mga [1:16:32] apo [1:16:32] sa [1:16:32] tuhod [1:16:32] na [1:16:33] yung [1:16:33] pwede [1:16:34] mag-avail [1:16:34] ng [1:16:36] estate [1:16:37] tax [1:16:38] amnesty [1:16:38] So [1:16:39] kung [1:16:40] wala [1:16:40] kayong [1:16:40] database [1:16:41] papano [1:16:41] natin [1:16:41] ititrace [1:16:42] Remember [1:16:43] ito yung [1:16:45] 1920s [1:16:46] yung [1:16:47] mga [1:16:47] birth [1:16:48] years [1:16:48] nila [1:16:48] 20s [1:16:49] 30s [1:16:50] 40s [1:16:50] matagal [1:16:51] nang [1:16:51] burado [1:16:52] yun [1:16:52] sa [1:16:52] ano [1:16:52] but [1:16:53] kung [1:16:53] nakapangalan [1:16:54] pa [1:16:54] sa [1:16:54] kanila [1:16:54] yung [1:16:54] mga [1:16:55] titles [1:16:56] mga [1:16:56] real [1:16:56] properties [1:16:57] nila [1:16:57] how [1:16:58] do [1:16:58] we [1:16:58] deal [1:16:58] with [1:16:59] that [1:16:59] In [1:17:02] that [1:17:03] instance [1:17:03] sir [1:17:04] they [1:17:04] have [1:17:04] to [1:17:05] the [1:17:05] ones [1:17:06] that [1:17:06] are [1:17:06] applying [1:17:07] should [1:17:07] identify [1:17:08] each [1:17:09] level [1:17:09] of [1:17:10] transfer [1:17:10] that [1:17:11] will [1:17:12] happen [1:17:13] So [1:17:14] from [1:17:14] that [1:17:14] decedent [1:17:15] who [1:17:15] passed [1:17:16] away [1:17:16] in [1:17:16] 1920s [1:17:17] and [1:17:17] the [1:17:18] next [1:17:18] generation [1:17:19] they [1:17:20] should [1:17:20] be [1:17:21] the [1:17:21] ones [1:17:21] to [1:17:21] track [1:17:26] kung [1:17:26] sino [1:17:27] po [1:17:27] yung [1:17:27] levels [1:17:28] of [1:17:29] the [1:17:29] transfer [1:17:29] that [1:17:30] will [1:17:30] happen [1:17:30] as [1:17:32] to [1:17:32] the [1:17:32] property [1:17:33] of [1:17:33] course [1:17:33] there's [1:17:34] reliance [1:17:35] on [1:17:35] documentary [1:17:36] requirements [1:17:37] from [1:17:37] the [1:17:37] LRA [1:17:38] so [1:17:38] kung [1:17:39] meron [1:17:40] pong [1:17:41] title [1:17:41] na [1:17:41] ma-present [1:17:42] to [1:17:42] us [1:17:42] yun [1:17:43] po [1:17:43] yung [1:17:43] property [1:17:44] na [1:17:44] ito [1:17:44] transfer [1:17:45] during [1:17:45] the [1:17:45] settlement [1:17:47] of [1:17:47] the [1:17:47] estate [1:17:47] digitalized [1:17:50] na [1:17:50] yung [1:17:50] di ba [1:17:50] computerized [1:17:51] na [1:17:51] kayo [1:17:51] fully [1:17:52] computerized [1:17:53] na [1:17:53] kayo [1:17:54] fully [1:17:54] digitalized [1:17:55] pero [1:17:56] marami [1:17:57] pa rin [1:17:57] yung [1:17:57] kulay [1:17:57] yellow [1:17:58] yellow [1:17:59] and red [1:17:59] hindi [1:18:00] pa lahat [1:18:00] ng [1:18:00] titles [1:18:01] TCTs [1:18:02] blue [1:18:02] yeah [1:18:05] LRA [1:18:05] meron [1:18:07] bang [1:18:07] good morning [1:18:08] Mr. [1:18:08] Chairman [1:18:11] the [1:18:12] land [1:18:12] registration [1:18:12] authority [1:18:13] has [1:18:13] more than [1:18:14] 100 [1:18:15] registries [1:18:16] of [1:18:16] deeds [1:18:16] in the [1:18:16] front [1:18:17] lines [1:18:17] and [1:18:17] then [1:18:17] aside [1:18:19] from [1:18:19] like [1:18:19] two [1:18:20] or [1:18:20] three [1:18:21] which [1:18:21] are [1:18:21] not [1:18:22] yet [1:18:22] on [1:18:22] live [1:18:22] status [1:18:23] all [1:18:24] registries [1:18:25] are [1:18:25] digitized [1:18:27] and [1:18:27] active [1:18:27] Mr. [1:18:28] Chair [1:18:28] so [1:18:30] we [1:18:30] can [1:18:30] provide [1:18:31] certified [1:18:31] copies [1:18:32] of [1:18:32] all [1:18:32] land [1:18:32] titles [1:18:33] which [1:18:33] are [1:18:33] in [1:18:33] the [1:18:33] database [1:18:34] occasionally [1:18:35] there [1:18:35] are [1:18:36] some [1:18:36] titles [1:18:37] which [1:18:37] have [1:18:38] not [1:18:38] yet [1:18:38] been [1:18:39] uploaded [1:18:39] and [1:18:40] they [1:18:40] remain [1:18:40] in [1:18:41] the [1:18:41] custody [1:18:42] of [1:18:42] for [1:18:43] example [1:18:44] Mr. [1:18:45] Chair [1:18:45] the [1:18:45] RD [1:18:45] of [1:18:46] Cabanuto [1:18:48] City [1:18:48] for [1:18:49] example [1:18:49] your [1:18:49] honor [1:18:49] the [1:18:52] actual [1:18:53] land [1:18:54] title [1:18:54] has [1:18:55] not [1:18:55] yet [1:18:55] been [1:18:55] uploaded [1:18:55] and [1:18:56] so [1:18:56] when [1:18:57] an [1:18:57] applicant [1:18:57] applies [1:18:58] for [1:18:58] a [1:18:58] certified [1:18:58] copy [1:18:59] of [1:18:59] that [1:18:59] title [1:19:00] they [1:19:00] have [1:19:00] to [1:19:00] go [1:19:01] to [1:19:01] Cabanuto [1:19:01] to [1:19:02] request [1:19:02] for [1:19:02] the [1:19:02] uploading [1:19:03] of [1:19:03] that [1:19:03] title [1:19:04] and [1:19:04] only [1:19:05] when [1:19:05] it [1:19:05] is [1:19:07] uploaded [1:19:08] can [1:19:09] a [1:19:09] certified [1:19:09] copy [1:19:10] be [1:19:10] issued [1:19:11] to [1:19:11] the [1:19:11] applicant [1:19:11] your [1:19:11] honor [1:19:12] otherwise [1:19:13] for [1:19:13] the [1:19:15] majority [1:19:15] of [1:19:15] land [1:19:16] titles [1:19:16] the [1:19:17] applicants [1:19:17] can [1:19:18] go [1:19:18] to [1:19:18] any [1:19:18] live [1:19:19] RD [1:19:19] the [1:19:20] central [1:19:20] office [1:19:20] or [1:19:21] to [1:19:21] any [1:19:21] other [1:19:21] RD [1:19:22] to [1:19:22] apply [1:19:22] for [1:19:23] certified [1:19:23] copies [1:19:23] one [1:19:24] can [1:19:24] go [1:19:24] to [1:19:24] the [1:19:25] RD [1:19:25] of [1:19:25] Quezon [1:19:25] City [1:19:25] to [1:19:26] apply [1:19:26] for [1:19:26] a [1:19:27] certified [1:19:27] copy [1:19:28] for [1:19:28] title [1:19:28] of [1:19:28] a [1:19:29] property [1:19:29] located [1:19:30] in [1:19:30] Taguig [1:19:32] for [1:19:32] example [1:19:33] we [1:19:36] call it [1:19:37] Ataw [1:19:37] anywhere [1:19:39] to [1:19:39] anywhere [1:19:40] this [1:19:45] is [1:19:45] all [1:19:46] over [1:19:46] the [1:19:46] Philippines [1:19:46] yes [1:19:46] Mr. [1:19:47] Chair [1:19:47] I can [1:19:50] go to [1:19:50] Quezon [1:19:51] City [1:19:51] and apply [1:19:51] for [1:19:51] a [1:19:52] title [1:19:52] located [1:19:52] in [1:19:53] Mindanao [1:19:53] Olo [1:19:54] for [1:19:54] example [1:19:54] Atawitawitawit [1:19:56] I think [1:19:56] is not [1:19:56] yet [1:19:57] live [1:19:59] digitalized [1:20:00] nyo [1:20:02] Ilan pa [1:20:03] yung [1:20:03] old [1:20:05] TCTs [1:20:06] old [1:20:07] forms [1:20:07] We [1:20:08] would [1:20:09] think [1:20:09] Mr. [1:20:09] Chair [1:20:10] around [1:20:10] 85% [1:20:10] have been [1:20:11] digitized [1:20:11] Your Honor [1:20:12] So [1:20:13] anong [1:20:13] kulang [1:20:14] dyan [1:20:14] dissemination [1:20:15] information [1:20:15] It's more [1:20:16] of the [1:20:16] massive [1:20:17] the volume [1:20:17] of the [1:20:18] titles [1:20:19] which are [1:20:19] the [1:20:21] documentation [1:20:22] Your Honor [1:20:23] and the [1:20:23] heavy load [1:20:24] of some [1:20:25] of our [1:20:25] registries [1:20:25] of leads [1:20:26] Your Honor [1:20:26] Some [1:20:26] of our [1:20:27] registries [1:20:27] are [1:20:27] we have [1:20:28] some [1:20:29] RDS [1:20:29] where the [1:20:30] RDS [1:20:30] statute [1:20:30] been appointed [1:20:31] Your Honor [1:20:31] and [1:20:32] they cover [1:20:33] three or [1:20:34] four [1:20:34] provinces [1:20:35] or cities [1:20:35] and so [1:20:36] lack of [1:20:36] manpower [1:20:37] and then [1:20:38] lack of [1:20:39] personnel [1:20:40] for this [1:20:40] Your Honor [1:20:41] Thank you [1:20:43] Mr. [1:20:44] President [1:20:45] Thank you [1:20:46] Mr. [1:20:47] Chairman [1:20:47] I heard [1:20:51] earlier [1:20:52] in [1:20:52] TMAP [1:20:53] there [1:20:54] is [1:20:54] one [1:20:55] you can [1:20:57] look [1:20:58] but [1:20:58] this was [1:20:59] vetoed [1:21:00] last time [1:21:01] the [1:21:01] intergenerational [1:21:03] transfers [1:21:03] because [1:21:04] sometimes [1:21:05] it's [1:21:06] a [1:21:07] father [1:21:08] or [1:21:08] great [1:21:08] grandfather [1:21:09] it's [1:21:10] hard to [1:21:11] reconstruct [1:21:11] documents [1:21:12] if [1:21:13] that [1:21:13] this was [1:21:15] proposed [1:21:15] before [1:21:16] but [1:21:16] it was [1:21:16] during [1:21:17] 2019 [1:21:18] I think [1:21:19] the first [1:21:19] amnesty [1:21:20] but it [1:21:21] was [1:21:21] vetoed [1:21:22] so the [1:21:23] essence [1:21:23] of that [1:21:23] is basically [1:21:24] kung [1:21:24] sino [1:21:25] yung [1:21:26] pinaka [1:21:27] current [1:21:28] na [1:21:28] namatay [1:21:29] yun [1:21:29] na [1:21:29] ang [1:21:29] magiging [1:21:30] basis [1:21:31] instead [1:21:32] na [1:21:32] itatransfer [1:21:33] mo muna [1:21:33] from [1:21:33] lolo [1:21:34] to [1:21:34] father [1:21:34] father [1:21:35] to [1:21:35] son [1:21:36] so [1:21:37] I think [1:21:38] maraming [1:21:39] again [1:21:39] anecdotal [1:21:40] marami [1:21:41] akong [1:21:41] naririnig [1:21:41] na ganito [1:21:42] na [1:21:42] paano [1:21:43] naman [1:21:43] namin [1:21:43] reconstruct [1:21:44] yung [1:21:44] dokumento [1:21:45] ng [1:21:45] lolo [1:21:45] namin [1:21:46] matagal [1:21:47] nang [1:21:47] nawala [1:21:48] so [1:21:49] this [1:21:50] is [1:21:50] a [1:21:51] radical [1:21:55] approach [1:21:55] but [1:21:56] definitely [1:21:57] maraming [1:21:58] malilinis [1:21:59] na [1:21:59] dokumento [1:22:00] nito [1:22:00] pagdating [1:22:00] sa [1:22:01] tax [1:22:02] liability [1:22:03] so [1:22:03] I would [1:22:03] like [1:22:04] to [1:22:04] get [1:22:04] the [1:22:04] opinion [1:22:05] of [1:22:06] the [1:22:06] DOF [1:22:07] we [1:22:08] didn't [1:22:09] adopt [1:22:09] this [1:22:09] last [1:22:09] time [1:22:10] kasi [1:22:10] DOF [1:22:11] was [1:22:11] violently [1:22:13] opposing [1:22:16] it [1:22:17] nito [1:22:17] ma [1:22:17] violent [1:22:17] opposing [1:22:18] lang [1:22:18] so [1:22:19] but [1:22:19] maybe [1:22:20] there's [1:22:20] a [1:22:20] change [1:22:20] of [1:22:20] heart [1:22:21] kasi [1:22:21] nga [1:22:21] this [1:22:22] is [1:22:22] going [1:22:23] to [1:22:23] be [1:22:23] the [1:22:23] fourth [1:22:24] amnesty [1:22:25] so [1:22:26] we're [1:22:26] not [1:22:26] actually [1:22:27] solving [1:22:27] one [1:22:27] of [1:22:28] the [1:22:28] root [1:22:28] causes [1:22:28] which [1:22:29] is [1:22:29] the [1:22:29] intergenerational [1:22:30] transfer [1:22:31] so [1:22:32] maybe [1:22:32] get [1:22:33] an [1:22:34] opinion [1:22:34] from [1:22:34] the [1:22:35] DOF [1:22:35] I [1:22:40] am [1:22:40] okay [1:22:41] on [1:22:42] the [1:22:42] proposal [1:22:43] for [1:22:43] the [1:22:43] one [1:22:44] time [1:22:44] settlement [1:22:44] sir [1:22:45] the [1:22:46] DOF [1:22:47] vehemently [1:22:49] opposed [1:22:49] I'll [1:22:51] use a [1:22:52] term [1:22:52] that we [1:22:52] used [1:22:52] during [1:22:52] the [1:22:53] time [1:22:53] of [1:22:53] com [1:22:53] kim [1:22:54] in [1:22:54] our [1:22:54] position [1:22:55] papers [1:22:55] we [1:22:56] vehemently [1:22:57] opposed [1:22:57] the [1:22:58] one [1:22:58] time [1:22:59] the [1:22:59] proposal [1:22:59] then [1:23:00] sir [1:23:00] and [1:23:01] we [1:23:02] requested [1:23:02] the [1:23:03] veto [1:23:06] of the [1:23:06] provision [1:23:07] precisely [1:23:08] because [1:23:08] to [1:23:09] us [1:23:10] the [1:23:11] estate [1:23:12] tax [1:23:13] is [1:23:13] imposed [1:23:13] on [1:23:13] the [1:23:14] privilege [1:23:14] of [1:23:15] transfer [1:23:16] of [1:23:16] the [1:23:17] transfer [1:23:17] so [1:23:18] at [1:23:20] each [1:23:20] stage [1:23:20] that [1:23:21] should [1:23:21] be [1:23:21] imposed [1:23:22] it's [1:23:22] not [1:23:22] really [1:23:23] on [1:23:23] the [1:23:23] property [1:23:23] but [1:23:24] it's [1:23:24] on [1:23:24] the [1:23:24] transfer [1:23:25] we [1:23:28] believe [1:23:29] then [1:23:30] and [1:23:30] I [1:23:31] think [1:23:31] still [1:23:32] now [1:23:32] that [1:23:33] the [1:23:33] flat [1:23:33] rate [1:23:34] of [1:23:34] 6% [1:23:35] as [1:23:35] an [1:23:35] amnesty [1:23:36] rate [1:23:36] that's [1:23:36] sufficient [1:23:37] already [1:23:37] an [1:23:40] imposition [1:23:40] to [1:23:42] avail [1:23:43] of [1:23:43] the [1:23:43] amnesty [1:23:44] the [1:23:47] revenue [1:23:47] that [1:23:49] will [1:23:49] be [1:23:49] lost [1:23:50] would [1:23:51] be [1:23:51] so [1:23:51] much [1:23:52] also [1:23:52] if [1:23:53] we [1:23:53] allow [1:23:54] the [1:23:54] one [1:23:54] time [1:23:54] settlement [1:23:55] of [1:23:56] the [1:23:56] estate [1:23:58] and [1:24:00] I [1:24:00] think [1:24:00] also [1:24:01] on [1:24:01] the [1:24:01] side [1:24:02] of [1:24:02] administration [1:24:02] you [1:24:03] want [1:24:03] to [1:24:03] see [1:24:03] each [1:24:04] transfer [1:24:05] so [1:24:06] that [1:24:06] you'll [1:24:06] be [1:24:06] able [1:24:07] to [1:24:07] track [1:24:07] also [1:24:08] where [1:24:08] the [1:24:08] property [1:24:09] goes [1:24:09] I [1:24:10] think [1:24:10] not [1:24:10] just [1:24:11] for [1:24:11] us [1:24:11] at [1:24:12] the [1:24:12] DOF [1:24:12] at [1:24:13] the [1:24:13] BIR [1:24:14] but [1:24:14] also [1:24:14] I [1:24:14] think [1:24:14] for [1:24:15] LRA [1:24:15] as [1:24:16] well [1:24:16] so [1:24:16] they [1:24:16] have [1:24:17] to [1:24:17] see [1:24:18] from [1:24:20] whom [1:24:21] to [1:24:21] whom [1:24:21] the [1:24:21] transfers [1:24:22] are [1:24:22] made [1:24:23] so [1:24:23] we'll [1:24:25] submit [1:24:25] our [1:24:25] official [1:24:26] position [1:24:26] on [1:24:27] that [1:24:27] item [1:24:27] but [1:24:28] I [1:24:28] think [1:24:29] the [1:24:29] position [1:24:29] will [1:24:30] stand [1:24:30] sir [1:24:30] we [1:24:30] need [1:24:30] to [1:24:31] impose [1:24:32] the [1:24:33] amnesty [1:24:33] tax [1:24:34] at [1:24:34] each [1:24:35] level [1:24:35] Mr. [1:24:37] Chair [1:24:37] if I [1:24:38] may [1:24:38] add [1:24:38] Mr. [1:24:39] Chair [1:24:39] yes [1:24:40] we [1:24:41] recognize [1:24:42] the [1:24:42] vehement [1:24:44] objection [1:24:45] of [1:24:45] the [1:24:45] DOF [1:24:46] in [1:24:47] not [1:24:49] allowing [1:24:49] the [1:24:49] one [1:24:49] time [1:24:50] settlement [1:24:52] that's [1:24:53] why [1:24:53] in [1:24:53] our [1:24:54] position [1:24:54] paper [1:24:55] we [1:24:55] propose [1:24:55] an [1:24:55] alternative [1:24:56] also [1:24:59] considering [1:24:59] that the [1:24:59] one [1:25:00] time [1:25:00] declaration [1:25:01] would [1:25:01] cause [1:25:02] revenue [1:25:04] reduction [1:25:05] or [1:25:06] revenue [1:25:07] challenges [1:25:07] to the [1:25:08] DOF [1:25:08] our [1:25:09] our [1:25:09] our [1:25:09] our [1:25:09] alternative [1:25:11] suggestion [1:25:12] is to [1:25:13] give [1:25:13] the [1:25:13] heirs [1:25:13] the [1:25:13] option [1:25:14] to [1:25:14] file [1:25:14] a [1:25:14] single [1:25:15] consolidated [1:25:16] estate [1:25:16] tax [1:25:17] amnesty [1:25:17] return [1:25:18] and pay [1:25:19] the [1:25:19] estate [1:25:19] tax [1:25:19] on [1:25:20] properties [1:25:20] that [1:25:21] are [1:25:21] subject [1:25:21] of [1:25:22] multiple [1:25:22] unsettled [1:25:23] estates [1:25:23] so [1:25:24] it [1:25:24] will [1:25:24] still [1:25:25] be [1:25:25] a [1:25:25] one [1:25:25] time [1:25:25] settlement [1:25:27] but [1:25:27] it [1:25:27] will [1:25:27] cover [1:25:28] all [1:25:28] of [1:25:28] the [1:25:28] estates [1:25:29] from [1:25:29] the [1:25:29] beginning [1:25:30] up [1:25:30] to [1:25:30] the [1:25:31] end [1:25:31] what [1:25:31] is [1:25:32] challenging [1:25:32] is to [1:25:33] do [1:25:33] it [1:25:33] on [1:25:34] a [1:25:34] per [1:25:34] level [1:25:35] per [1:25:35] decedent [1:25:36] application [1:25:37] that [1:25:38] is [1:25:38] we've [1:25:39] encountered [1:25:39] as a [1:25:40] practitioner [1:25:40] I've [1:25:41] encountered [1:25:42] a [1:25:43] settlement [1:25:43] where it [1:25:43] came from [1:25:44] a great [1:25:44] grandfather [1:25:45] and we [1:25:46] had to [1:25:46] trace [1:25:46] the [1:25:47] property [1:25:47] from [1:25:48] up to [1:25:48] the [1:25:48] latest [1:25:49] decedent [1:25:49] and [1:25:50] had to [1:25:50] file an [1:25:51] application [1:25:52] and [1:25:52] provide [1:25:53] documents [1:25:54] for [1:25:54] each [1:25:54] application [1:25:55] for [1:25:56] each [1:25:56] and [1:25:56] every [1:25:56] step [1:25:56] so [1:25:57] as [1:25:57] an [1:25:57] alternative [1:25:58] we [1:25:58] would [1:25:59] like [1:26:00] to [1:26:00] also [1:26:00] recommend [1:26:01] to [1:26:01] the [1:26:01] DOF [1:26:02] that [1:26:02] it's [1:26:02] a [1:26:02] consolidated [1:26:03] but [1:26:04] it's [1:26:05] just [1:26:05] one [1:26:05] application [1:26:06] but [1:26:06] it [1:26:06] will [1:26:07] cover [1:26:07] all [1:26:08] the [1:26:08] transfers [1:26:08] from [1:26:09] the [1:26:09] prior [1:26:10] decedent [1:26:11] up [1:26:11] to [1:26:11] the [1:26:11] latest [1:26:12] decedent [1:26:12] but [1:26:12] it's [1:26:13] just [1:26:13] one [1:26:13] application [1:26:14] and [1:26:14] one [1:26:15] set [1:26:15] of [1:26:15] documents [1:26:15] I [1:26:16] would [1:26:17] think [1:26:17] that [1:26:17] the [1:26:18] heirs [1:26:18] would [1:26:18] be [1:26:18] willing [1:26:19] to [1:26:19] pay [1:26:19] the [1:26:20] entire [1:26:21] amount [1:26:23] up to [1:26:24] the [1:26:24] latest [1:26:25] decedent [1:26:25] just [1:26:26] for [1:26:26] the [1:26:26] purpose [1:26:27] of [1:26:27] utilizing [1:26:27] the [1:26:28] property [1:26:28] anyway [1:26:28] most [1:26:29] likely [1:26:30] these [1:26:30] are [1:26:30] they [1:26:32] would [1:26:33] have [1:26:33] the [1:26:33] means [1:26:34] to [1:26:34] pay [1:26:34] for [1:26:34] the [1:26:35] estate [1:26:35] tax [1:26:36] since [1:26:36] they [1:26:36] have [1:26:37] all [1:26:37] of [1:26:37] these [1:26:37] properties [1:26:38] but [1:26:38] it [1:26:39] will [1:26:39] simplify [1:26:39] just [1:26:40] one [1:26:40] consolidated [1:26:41] return [1:26:42] for [1:26:42] all [1:26:43] of [1:26:43] the [1:26:43] transfers [1:26:43] from [1:26:44] the [1:26:44] prior [1:26:44] decedent [1:26:44] up [1:26:45] to [1:26:45] the [1:26:45] latest [1:26:46] decedent [1:26:46] I [1:26:47] think [1:26:47] that [1:26:47] would [1:26:47] be [1:26:47] just [1:26:48] a [1:26:48] follow [1:26:48] up [1:26:48] an [1:26:49] documentary [1:26:50] requirements [1:26:51] if [1:26:51] we [1:26:51] will [1:26:51] collapse [1:26:52] it [1:26:53] into [1:26:53] one [1:26:54] filer [1:26:55] but [1:26:57] the [1:26:58] effect [1:26:58] is [1:26:58] the [1:26:59] same [1:26:59] as [1:26:59] suggested [1:27:00] the [1:27:01] revenue [1:27:01] erosion [1:27:02] not [1:27:03] diminish [1:27:04] because [1:27:04] it's [1:27:04] required [1:27:05] to [1:27:05] pay [1:27:06] so [1:27:06] it's [1:27:06] one [1:27:07] to [1:27:07] file [1:27:07] with [1:27:10] the [1:27:10] permission [1:27:11] of [1:27:11] the [1:27:11] president [1:27:11] we have [1:27:12] an [1:27:13] instant [1:27:13] resource [1:27:14] person [1:27:14] who has [1:27:15] not [1:27:15] been [1:27:15] acknowledged [1:27:16] earlier [1:27:17] and [1:27:17] as [1:27:17] a [1:27:17] matter [1:27:17] of [1:27:17] disclosure [1:27:18] consultant [1:27:19] ko [1:27:19] si [1:27:20] Com [1:27:20] Inares [1:27:21] but [1:27:22] I'd [1:27:22] like [1:27:22] to [1:27:22] recognize [1:27:23] her [1:27:23] I [1:27:25] mean [1:27:25] the [1:27:26] problem [1:27:30] with [1:27:31] having [1:27:33] one [1:27:34] application [1:27:34] is [1:27:35] the [1:27:35] chain [1:27:36] of [1:27:36] title [1:27:37] because [1:27:38] when [1:27:39] you [1:27:39] start [1:27:40] with [1:27:40] the [1:27:40] great [1:27:41] grandfather [1:27:42] the [1:27:44] then [1:27:45] it [1:27:46] will [1:27:46] go [1:27:46] down [1:27:46] to [1:27:47] the [1:27:47] second [1:27:47] generation [1:27:48] there's [1:27:50] a [1:27:50] the [1:27:50] heirs [1:27:51] now [1:27:51] will [1:27:51] be [1:27:51] different [1:27:52] who [1:27:52] will [1:27:53] now [1:27:53] be [1:27:53] the [1:27:53] estate [1:27:54] then [1:27:55] it [1:27:57] goes [1:27:57] to [1:27:57] the [1:27:57] third [1:27:58] so [1:27:58] there's [1:27:59] the [1:27:59] difficulty [1:28:00] with [1:28:01] it [1:28:01] is [1:28:01] BIR [1:28:03] will [1:28:04] now [1:28:04] get [1:28:04] blamed [1:28:05] again [1:28:05] for [1:28:06] not [1:28:06] being [1:28:07] able [1:28:07] to [1:28:07] come [1:28:07] up [1:28:08] with [1:28:08] an [1:28:08] e-car [1:28:09] because [1:28:10] they [1:28:10] will [1:28:10] be [1:28:11] the [1:28:11] one [1:28:11] who [1:28:12] will [1:28:12] have [1:28:12] to [1:28:12] trace [1:28:13] everything [1:28:15] so [1:28:16] it's [1:28:17] not [1:28:17] just [1:28:17] a [1:28:18] taxation [1:28:18] question [1:28:19] it's [1:28:20] a [1:28:21] civil [1:28:22] law [1:28:23] question [1:28:23] as [1:28:24] to [1:28:24] who [1:28:25] will [1:28:25] inherit [1:28:27] it [1:28:27] and [1:28:27] therefore [1:28:28] whose [1:28:28] estate [1:28:29] is [1:28:29] that [1:28:29] so [1:28:30] at [1:28:31] the [1:28:31] end [1:28:31] of [1:28:31] the [1:28:31] day [1:28:31] if [1:28:32] you [1:28:32] have [1:28:32] just [1:28:32] one [1:28:32] consolidated [1:28:33] you [1:28:36] have [1:28:36] several [1:28:36] estates [1:28:37] there [1:28:37] usually [1:28:38] we [1:28:39] have [1:28:39] a [1:28:39] tin [1:28:40] for [1:28:40] each [1:28:40] estate [1:28:41] so [1:28:42] that [1:28:42] it [1:28:42] will [1:28:42] show [1:28:43] that [1:28:44] it [1:28:44] is [1:28:44] this [1:28:44] estate [1:28:45] that [1:28:45] is [1:28:45] paying [1:28:46] for [1:28:46] that [1:28:46] because [1:28:47] the [1:28:48] second [1:28:48] thing [1:28:49] is [1:28:49] you [1:28:49] cannot [1:28:49] just [1:28:50] jump [1:28:50] from [1:28:50] the [1:28:51] great [1:28:52] grandfather [1:28:52] to [1:28:52] the [1:28:53] final [1:28:53] heir [1:28:54] here [1:28:54] because [1:28:55] the [1:28:55] LRA [1:28:55] will [1:28:56] want [1:28:56] to [1:28:56] look [1:28:56] at [1:28:57] the [1:28:57] chain [1:28:57] of [1:28:57] title [1:28:58] you [1:28:59] have [1:28:59] to [1:28:59] have [1:28:59] an [1:29:00] e-card [1:29:01] to [1:29:01] go [1:29:01] to [1:29:01] these [1:29:02] people [1:29:02] and [1:29:03] from [1:29:03] here [1:29:03] you [1:29:03] have [1:29:03] another [1:29:04] e-card [1:29:04] to [1:29:05] go [1:29:05] to [1:29:05] these [1:29:05] people [1:29:06] because [1:29:06] otherwise [1:29:06] it's [1:29:08] not [1:29:09] yeah [1:29:10] you [1:29:10] cannot [1:29:11] establish [1:29:12] chain [1:29:13] of [1:29:13] title [1:29:13] there [1:29:14] and [1:29:14] the [1:29:14] other [1:29:15] thing [1:29:15] is [1:29:15] I [1:29:16] don't [1:29:16] think [1:29:16] the [1:29:17] local [1:29:17] government [1:29:17] and [1:29:18] the [1:29:18] register [1:29:18] of [1:29:19] deed [1:29:19] will [1:29:19] agree [1:29:20] to [1:29:20] jumping [1:29:21] because [1:29:22] there [1:29:22] are [1:29:22] always [1:29:23] registration [1:29:24] fee [1:29:24] transfer [1:29:25] fee [1:29:25] for [1:29:27] each [1:29:27] transfer [1:29:28] this [1:29:29] is [1:29:29] just [1:29:29] an [1:29:30] estate [1:29:30] tax [1:29:31] law [1:29:31] yeah [1:29:33] the [1:29:34] local [1:29:34] government [1:29:35] and [1:29:35] the [1:29:35] register [1:29:36] of [1:29:36] deed [1:29:36] have [1:29:37] two [1:29:37] separate [1:29:38] taxes [1:29:38] they [1:29:38] collect [1:29:39] the [1:29:39] transfer [1:29:40] fee [1:29:40] and [1:29:40] the [1:29:41] registration [1:29:41] fee [1:29:42] so [1:29:43] that's [1:29:43] the problem [1:29:44] sir [1:29:44] actually [1:29:46] I was [1:29:46] going to [1:29:47] say [1:29:47] that [1:29:47] this [1:29:48] estate [1:29:48] tax [1:29:49] is [1:29:49] only [1:29:50] covering [1:29:50] estate [1:29:51] tax [1:29:51] now [1:29:52] if [1:29:52] you [1:29:52] want [1:29:52] to [1:29:53] make [1:29:55] the [1:29:56] land [1:29:56] which [1:29:57] I [1:29:58] think [1:29:58] is [1:29:58] more [1:29:58] the [1:29:58] land [1:29:59] productive [1:30:00] it [1:30:00] has [1:30:01] to [1:30:01] be [1:30:01] transferred [1:30:01] to [1:30:02] somebody [1:30:03] and [1:30:04] if [1:30:04] you [1:30:04] look [1:30:04] at [1:30:04] this [1:30:05] the [1:30:05] estate [1:30:05] tax [1:30:06] only [1:30:06] address [1:30:07] one [1:30:07] burden [1:30:08] you [1:30:09] did [1:30:09] not [1:30:09] address [1:30:10] the [1:30:10] registration [1:30:11] and [1:30:11] transfer [1:30:12] fee [1:30:12] which [1:30:13] can [1:30:14] be [1:30:14] bigger [1:30:15] because [1:30:16] of [1:30:16] the [1:30:16] interest [1:30:17] penalty [1:30:18] they [1:30:18] have [1:30:18] in [1:30:19] the [1:30:19] estate [1:30:20] tax [1:30:21] liability [1:30:21] you [1:30:21] have [1:30:21] one [1:30:22] year [1:30:22] to [1:30:22] pay [1:30:22] for [1:30:23] the [1:30:24] land [1:30:24] registration [1:30:25] for [1:30:25] LRA [1:30:26] registration [1:30:27] fee [1:30:27] and [1:30:28] transfer [1:30:28] fee [1:30:29] you [1:30:29] have [1:30:29] only [1:30:29] one [1:30:29] month [1:30:30] if [1:30:30] you [1:30:31] don't [1:30:32] for [1:30:32] the [1:30:32] local [1:30:32] government [1:30:33] I [1:30:33] think [1:30:33] it's [1:30:33] one [1:30:34] month [1:30:34] so [1:30:35] if [1:30:35] you [1:30:35] don't [1:30:36] pay [1:30:36] it [1:30:36] within [1:30:36] a [1:30:37] month [1:30:37] it [1:30:37] already [1:30:37] gets [1:30:38] spent [1:30:38] a [1:30:38] life [1:30:39] so [1:30:39] those [1:30:40] are [1:30:40] two [1:30:40] if [1:30:41] you [1:30:42] really [1:30:42] want [1:30:42] to [1:30:43] address [1:30:43] the [1:30:43] whole [1:30:44] thing [1:30:44] you [1:30:45] should [1:30:45] also [1:30:45] address [1:30:46] the [1:30:46] transfer [1:30:48] fee [1:30:48] and [1:30:49] the [1:30:49] registration [1:30:49] fee [1:30:50] there [1:30:51] are [1:30:51] aspects [1:30:52] Mr. Chair [1:30:55] I think [1:30:56] the suggestion [1:30:57] on [1:30:58] one-time [1:30:58] settlement [1:30:59] or [1:31:00] consolidated [1:31:01] return [1:31:03] I think [1:31:04] that would [1:31:04] be good [1:31:05] if [1:31:05] one property [1:31:06] lang [1:31:06] yung [1:31:06] pinag-uusapan [1:31:07] on each [1:31:09] level [1:31:09] of [1:31:09] transfer [1:31:10] but [1:31:12] in this [1:31:12] instance [1:31:12] like [1:31:13] Kim [1:31:14] pointed out [1:31:14] you have [1:31:15] different [1:31:15] taxpayers [1:31:16] estates [1:31:18] that would [1:31:18] crop up [1:31:19] in all [1:31:20] of [1:31:21] those [1:31:21] levels [1:31:22] so [1:31:22] to [1:31:22] have [1:31:22] a [1:31:23] consolidated [1:31:23] return [1:31:25] an [1:31:27] administrative [1:31:27] nightmare [1:31:28] to do [1:31:30] the [1:31:30] documentation [1:31:31] aside [1:31:32] on [1:31:33] the [1:31:34] other [1:31:34] item [1:31:35] on [1:31:35] effecting [1:31:40] the [1:31:40] transfer [1:31:40] at [1:31:41] the [1:31:41] local [1:31:41] government [1:31:42] level [1:31:43] on [1:31:43] the [1:31:43] part [1:31:44] of [1:31:44] the [1:31:44] DOF [1:31:44] we [1:31:46] supplemented [1:31:47] the [1:31:48] amnesty [1:31:49] with [1:31:49] department [1:31:50] order [1:31:50] asking [1:31:52] our [1:31:53] LGUs [1:31:54] to [1:31:54] have [1:31:55] an [1:31:55] amnesty [1:31:56] but [1:31:56] that's [1:31:57] subject [1:31:58] to [1:31:58] them [1:31:58] passing [1:31:59] it [1:31:59] through [1:31:59] their [1:32:00] ordinance [1:32:01] so [1:32:02] we [1:32:03] ask [1:32:03] them [1:32:04] to [1:32:04] also [1:32:05] have [1:32:05] an [1:32:06] amnesty [1:32:06] on [1:32:07] the [1:32:07] transfer [1:32:07] taxes [1:32:08] at [1:32:08] the [1:32:08] LGU [1:32:09] level [1:32:09] one [1:32:11] thing [1:32:11] lang [1:32:11] that [1:32:12] we [1:32:12] don't [1:32:12] know [1:32:13] if [1:32:13] it's [1:32:14] been [1:32:14] proposed [1:32:14] to [1:32:15] us [1:32:15] as [1:32:15] well [1:32:15] if [1:32:16] we [1:32:16] could [1:32:16] have [1:32:16] it [1:32:16] in [1:32:16] the [1:32:17] law [1:32:18] but [1:32:18] maybe [1:32:19] that [1:32:19] might [1:32:20] be [1:32:20] an [1:32:20] encroachment [1:32:20] also [1:32:21] on [1:32:21] their [1:32:21] power [1:32:21] so [1:32:22] on [1:32:22] our [1:32:23] part [1:32:23] what [1:32:23] we [1:32:23] can [1:32:24] do [1:32:24] is [1:32:24] to [1:32:24] again [1:32:25] ask [1:32:25] them [1:32:25] through [1:32:26] a [1:32:26] department [1:32:26] order [1:32:26] out [1:32:27] yung [1:32:30] yung [1:32:30] process [1:32:33] for [1:32:33] example [1:32:33] may [1:32:34] namatay [1:32:34] lolo [1:32:35] so [1:32:36] may [1:32:36] lupa [1:32:36] siya [1:32:37] so [1:32:38] babayaran [1:32:39] niya [1:32:39] muna [1:32:39] yung [1:32:39] estate [1:32:39] from [1:32:44] lolo [1:32:44] to [1:32:44] tatay [1:32:45] diba [1:32:46] ganun [1:32:47] na [1:32:47] mangyari [1:32:48] may [1:32:48] mga [1:32:48] accompanying [1:32:49] taxes [1:32:49] pa [1:32:50] din [1:32:50] so [1:32:51] babayaran [1:32:51] niya [1:32:51] muna [1:32:52] si [1:32:52] lolo [1:32:52] to [1:32:52] tatay [1:32:53] and [1:32:54] then [1:32:54] from [1:32:54] tatay [1:32:54] to [1:32:55] apo [1:32:55] gano'n [1:32:56] They can [1:32:58] do it [1:32:59] simultaneously [1:33:00] but [1:33:01] the [1:33:02] documentation [1:33:02] would be [1:33:03] separate [1:33:03] Yes [1:33:04] yun ang [1:33:04] next [1:33:04] question [1:33:04] in [1:33:05] documentation [1:33:05] hiwalay [1:33:06] Yes [1:33:07] sir [1:33:07] It all [1:33:08] depends [1:33:08] also [1:33:09] on [1:33:09] where [1:33:11] the [1:33:11] properties [1:33:12] are [1:33:13] located [1:33:13] where [1:33:14] the [1:33:15] decedent [1:33:15] lives [1:33:16] where [1:33:18] he [1:33:19] last [1:33:19] resided [1:33:20] before [1:33:21] the time [1:33:21] of [1:33:22] his [1:33:22] death [1:33:22] kasi [1:33:22] dun [1:33:23] po [1:33:23] yung [1:33:24] settlement [1:33:24] of [1:33:25] the [1:33:25] estate [1:33:25] So [1:33:26] separate [1:33:27] po [1:33:27] yung [1:33:28] processing [1:33:28] of [1:33:29] each [1:33:29] estate [1:33:29] The [1:33:30] documents [1:33:32] pwede [1:33:33] pa rin [1:33:33] gamitin [1:33:34] yung [1:33:34] documents [1:33:34] ng [1:33:34] lolo [1:33:35] For [1:33:53] each [1:33:53] level [1:33:56] or [1:33:56] for [1:33:57] each [1:33:57] estate [1:33:57] po [1:33:57] separate [1:33:58] submission [1:34:00] po [1:34:00] ng [1:34:00] documentary [1:34:01] requirements [1:34:02] Separate [1:34:02] documentary [1:34:03] requirements [1:34:04] Yes [1:34:04] Iba-iba [1:34:05] rin [1:34:06] po [1:34:06] kasi [1:34:06] for [1:34:06] example [1:34:07] the [1:34:09] tax [1:34:09] decks [1:34:09] depending [1:34:10] on the [1:34:11] time [1:34:11] of the [1:34:11] death [1:34:11] po [1:34:12] So [1:34:13] mag-iba [1:34:14] yung [1:34:14] value [1:34:14] as [1:34:15] mentioned [1:34:15] by [1:34:16] our [1:34:16] RDO [1:34:16] But [1:34:17] kung [1:34:17] hindi [1:34:18] naman [1:34:18] siya [1:34:18] na [1:34:18] transfer [1:34:19] from [1:34:20] the [1:34:20] lolo [1:34:20] ang [1:34:21] magiging [1:34:21] documentary [1:34:22] submission [1:34:23] in the [1:34:24] first [1:34:24] transfer [1:34:25] is the [1:34:25] documento [1:34:26] ng [1:34:26] lolo [1:34:26] Yes [1:34:27] Even [1:34:28] even [1:34:28] sa [1:34:28] second [1:34:29] payment [1:34:31] documento [1:34:32] pa rin [1:34:33] ng [1:34:33] lolo [1:34:33] Some [1:34:33] documents [1:34:34] maybe [1:34:37] they would [1:34:39] have the [1:34:39] same [1:34:40] requirement [1:34:40] pero [1:34:41] some [1:34:42] other [1:34:43] requirements [1:34:43] po [1:34:43] kasi [1:34:44] nag-iiba [1:34:44] depende [1:34:45] on the [1:34:45] time of [1:34:46] death [1:34:46] of the [1:34:47] decedent [1:34:47] So [1:34:48] on [1:34:49] some [1:34:50] requirements [1:34:50] it could [1:34:51] be the [1:34:51] same [1:34:52] set [1:34:52] pero [1:34:52] yung [1:34:53] iba [1:34:53] po [1:34:53] mag-iiba [1:34:55] po [1:34:55] time of [1:34:56] death [1:34:56] ni [1:34:57] lolo [1:34:57] and [1:34:57] tatay [1:34:58] yun [1:34:58] ang [1:34:58] reckoning [1:35:00] date [1:35:00] Again [1:35:03] with the [1:35:03] permission [1:35:03] of the [1:35:04] Senate [1:35:04] President [1:35:04] let's [1:35:05] hear [1:35:05] some [1:35:05] inputs [1:35:06] from [1:35:06] the [1:35:06] other [1:35:08] research [1:35:08] person [1:35:09] I [1:35:11] know [1:35:12] where [1:35:12] you're [1:35:12] coming [1:35:13] from [1:35:13] I [1:35:14] think [1:35:15] I [1:35:15] know [1:35:15] where [1:35:15] you're [1:35:16] coming [1:35:16] from [1:35:17] in [1:35:17] the [1:35:17] sense [1:35:18] that [1:35:18] you [1:35:19] cannot [1:35:20] why [1:35:21] you [1:35:21] want [1:35:21] to [1:35:21] consolidate [1:35:22] is [1:35:22] because [1:35:22] you [1:35:22] don't [1:35:23] want [1:35:23] to [1:35:23] wait [1:35:23] for [1:35:24] the [1:35:25] second [1:35:25] amnesty [1:35:27] I [1:35:29] think [1:35:29] that [1:35:30] administrative [1:35:30] you [1:35:31] can [1:35:31] work [1:35:32] around [1:35:32] that [1:35:33] by [1:35:33] saying [1:35:34] you [1:35:34] will [1:35:34] file [1:35:35] the [1:35:36] amnesty [1:35:37] you [1:35:37] file [1:35:38] separate [1:35:38] application [1:35:39] but [1:35:40] you [1:35:40] file [1:35:40] it [1:35:41] together [1:35:41] and [1:35:42] when [1:35:42] they [1:35:42] process [1:35:43] it [1:35:43] they [1:35:44] will [1:35:44] already [1:35:44] see [1:35:45] the [1:35:45] chain [1:35:46] so [1:35:47] that [1:35:47] you [1:35:48] can [1:35:48] already [1:35:48] process [1:35:49] the [1:35:49] e-card [1:35:50] the [1:35:50] difficulty [1:35:51] there [1:35:51] is [1:35:52] let's [1:35:52] say [1:35:53] the [1:35:53] lolo [1:35:53] then [1:35:55] he [1:35:55] has [1:35:56] the [1:35:56] children [1:35:58] and [1:35:59] baka [1:36:00] hindi [1:36:00] lang [1:36:00] naman [1:36:00] yan [1:36:00] yung [1:36:01] property [1:36:01] ng [1:36:01] children [1:36:02] so [1:36:03] doon [1:36:06] yun [1:36:07] magkakaroon [1:36:08] ng [1:36:08] problema [1:36:09] pero [1:36:09] kung [1:36:10] isa [1:36:11] lang [1:36:11] yung [1:36:11] property [1:36:12] pwede [1:36:13] siguro [1:36:13] na [1:36:13] mag [1:36:14] apply [1:36:14] nagsabay [1:36:15] na hindi [1:36:16] mo [1:36:16] na hinahantay [1:36:17] itong [1:36:18] isa [1:36:18] pero kung [1:36:19] meron [1:36:21] kang [1:36:21] ibang [1:36:22] property [1:36:22] hindi [1:36:23] ka [1:36:23] pwedeng [1:36:23] magsabay [1:36:24] pero [1:36:25] if [1:36:26] it's [1:36:26] just [1:36:26] one [1:36:26] and [1:36:27] if [1:36:27] there's [1:36:28] no [1:36:28] other [1:36:29] property [1:36:29] down [1:36:30] the [1:36:30] line [1:36:31] you [1:36:31] can [1:36:31] probably [1:36:32] file [1:36:32] already [1:36:33] at [1:36:33] the [1:36:33] same [1:36:33] time [1:36:34] by [1:36:34] saying [1:36:35] that [1:36:35] regarding [1:36:36] this [1:36:37] property [1:36:37] yung [1:36:39] yung [1:36:40] lolo [1:36:41] tapos [1:36:41] marami [1:36:42] siyang [1:36:42] anak [1:36:42] diba [1:36:42] so [1:36:44] let's [1:36:44] say [1:36:44] tatlong [1:36:45] anak [1:36:45] kaninong [1:36:46] time [1:36:46] of [1:36:46] death [1:36:46] ang [1:36:47] bibilangin [1:36:48] from [1:36:49] lolo [1:36:49] to [1:36:50] tatay [1:36:51] the [1:36:52] the [1:36:52] the [1:36:53] the [1:36:53] grand [1:36:54] the [1:36:54] lolo [1:36:54] death [1:36:55] is [1:36:55] one [1:36:56] state [1:36:56] yung [1:36:58] sa [1:36:58] tatay [1:36:59] and [1:36:59] the [1:36:59] tatay [1:36:59] and [1:37:00] the [1:37:00] uncle [1:37:00] depends [1:37:01] on [1:37:01] when [1:37:02] they [1:37:02] died [1:37:02] it's [1:37:04] not [1:37:04] on [1:37:04] the [1:37:04] one [1:37:04] date [1:37:05] depends [1:37:07] on [1:37:08] when [1:37:08] they [1:37:08] died [1:37:09] but [1:37:10] which [1:37:10] one [1:37:11] which [1:37:12] one [1:37:12] will [1:37:12] you [1:37:12] choose [1:37:13] tatlong [1:37:13] anak [1:37:14] and [1:37:15] then [1:37:15] they [1:37:15] file [1:37:16] three [1:37:16] estate [1:37:17] tax [1:37:18] amnesty [1:37:19] so [1:37:23] one [1:37:23] the [1:37:24] lolo [1:37:25] is [1:37:25] one [1:37:25] then [1:37:26] they [1:37:26] have [1:37:27] three [1:37:27] children [1:37:28] so [1:37:29] you [1:37:29] have [1:37:29] three [1:37:29] plus [1:37:30] three [1:37:30] estate [1:37:31] so [1:37:32] you [1:37:32] have [1:37:33] four [1:37:33] estate [1:37:33] but [1:37:34] that's [1:37:34] one [1:37:35] property [1:37:35] lang [1:37:35] yeah [1:37:36] if [1:37:37] they [1:37:37] have [1:37:37] only [1:37:37] one [1:37:37] property [1:37:38] what [1:37:39] I [1:37:39] can [1:37:39] see [1:37:40] as [1:37:40] a [1:37:40] work [1:37:41] around [1:37:41] is [1:37:42] you [1:37:42] file [1:37:42] it [1:37:42] together [1:37:43] all [1:37:44] the [1:37:44] four [1:37:45] but [1:37:45] you [1:37:49] need [1:37:49] to [1:37:50] process [1:37:50] it [1:37:51] separately [1:37:51] because [1:37:52] first [1:37:53] the [1:37:53] time [1:37:53] of [1:37:53] death [1:37:54] is [1:37:54] different [1:37:54] yeah [1:37:56] Mr. [1:38:00] Chair [1:38:00] just a [1:38:00] clarification [1:38:01] I [1:38:02] mentioned [1:38:03] earlier [1:38:03] about [1:38:04] filing [1:38:06] at [1:38:06] the [1:38:07] place [1:38:07] of [1:38:07] the [1:38:08] residence [1:38:09] of [1:38:09] the [1:38:09] decedent [1:38:10] actually [1:38:10] we've [1:38:11] changed [1:38:11] it [1:38:11] already [1:38:11] under [1:38:11] the [1:38:12] EOPT [1:38:12] the [1:38:13] taxpayer [1:38:14] has [1:38:14] the [1:38:15] heir [1:38:15] has [1:38:16] the [1:38:17] choice [1:38:17] whichever [1:38:19] RDO [1:38:19] they want [1:38:20] to [1:38:20] file [1:38:20] the [1:38:21] estate [1:38:23] tax [1:38:23] amnesty [1:38:24] either [1:38:24] estate [1:38:25] tax [1:38:25] application [1:38:27] back [1:38:31] to [1:38:31] that [1:38:32] I [1:38:33] know [1:38:33] last [1:38:33] time [1:38:34] that [1:38:34] was [1:38:34] also [1:38:34] our [1:38:35] when [1:38:36] we [1:38:37] studied [1:38:37] it [1:38:37] it [1:38:37] was [1:38:37] complicated [1:38:38] but [1:38:39] we'll [1:38:43] just [1:38:43] request [1:38:43] DOF [1:38:44] to [1:38:44] just [1:38:44] continuously [1:38:45] study [1:38:46] because [1:38:47] it's [1:38:47] an [1:38:47] issue [1:38:48] and [1:38:49] I [1:38:50] don't [1:38:50] have [1:38:50] a [1:38:51] solution [1:38:51] right [1:38:51] now [1:38:51] because [1:38:52] I [1:38:52] know [1:38:52] it's [1:38:52] complicated [1:38:53] but [1:38:53] let's [1:38:54] just [1:38:54] request [1:38:54] the [1:38:55] BIR [1:38:55] DOF [1:38:55] to [1:38:56] study [1:38:56] it [1:38:56] but [1:39:00] right [1:39:00] now [1:39:01] it's [1:39:01] na [1:39:01] implement [1:39:02] na [1:39:02] yung [1:39:02] file [1:39:03] anywhere [1:39:03] and [1:39:03] pay [1:39:04] anywhere [1:39:04] so [1:39:05] you [1:39:05] don't [1:39:06] have [1:39:06] to [1:39:06] go [1:39:06] back [1:39:06] to [1:39:06] the [1:39:06] home [1:39:07] of [1:39:07] the [1:39:07] dissident [1:39:07] to [1:39:08] pay [1:39:08] dati [1:39:08] ganun [1:39:09] kasi [1:39:09] naging [1:39:09] issue [1:39:10] and [1:39:11] so [1:39:11] kung [1:39:12] nasa [1:39:12] Makati [1:39:12] ka [1:39:12] in lupa [1:39:13] nasa [1:39:13] Nueva [1:39:13] Siha [1:39:14] you can [1:39:14] pay [1:39:15] in [1:39:15] Makati [1:39:15] Thank you [1:39:18] Mr. [1:39:18] Chairman [1:39:18] Yung [1:39:22] isang [1:39:22] ticklish [1:39:24] issue [1:39:24] rin [1:39:24] kung may [1:39:26] undergoing [1:39:27] litigation [1:39:27] tas [1:39:29] nagkaroon [1:39:29] ng [1:39:29] final [1:39:30] and [1:39:30] executory [1:39:32] decision [1:39:33] on a [1:39:34] tax [1:39:34] case [1:39:35] how [1:39:36] do [1:39:36] we [1:39:37] handle [1:39:37] that [1:39:37] will [1:39:38] it [1:39:38] be [1:39:38] covered [1:39:39] hindi [1:39:40] na [1:39:40] di ba [1:39:40] under [1:39:44] the [1:39:44] current [1:39:45] proposal [1:39:45] sir [1:39:46] and [1:39:47] under [1:39:48] your [1:39:48] bill [1:39:48] also [1:39:48] sir [1:39:49] since [1:39:51] there [1:39:52] are [1:39:52] no [1:39:52] more [1:39:52] exclusions [1:39:53] even [1:39:54] final [1:39:54] and [1:39:54] executory [1:39:55] decisions [1:39:59] of the [1:39:59] court [1:40:00] may be [1:40:01] covered [1:40:01] by the [1:40:02] estate [1:40:02] tax [1:40:02] amnesty [1:40:03] but [1:40:04] as [1:40:04] to [1:40:05] the [1:40:05] processing [1:40:06] sir [1:40:06] we're [1:40:07] studying [1:40:08] how [1:40:08] to [1:40:09] properly [1:40:10] do [1:40:11] this [1:40:11] considering [1:40:12] at [1:40:14] the [1:40:14] end [1:40:15] of [1:40:15] the [1:40:15] procedure [1:40:16] of [1:40:16] filing [1:40:17] the [1:40:17] availment [1:40:18] of [1:40:18] the [1:40:18] amnesty [1:40:18] you [1:40:19] get [1:40:19] a [1:40:19] certificate [1:40:19] of [1:40:20] availment [1:40:20] so [1:40:21] as [1:40:21] to [1:40:21] how [1:40:22] conclusive [1:40:22] that [1:40:23] is [1:40:23] as [1:40:24] pointed [1:40:24] out [1:40:24] by [1:40:25] Kom [1:40:25] Kim [1:40:25] and [1:40:25] your [1:40:25] team [1:40:26] how [1:40:26] conclusive [1:40:27] that [1:40:27] is [1:40:28] should [1:40:28] be [1:40:29] something [1:40:29] that [1:40:30] should [1:40:30] be [1:40:30] considered [1:40:31] so [1:40:32] we're [1:40:32] finding [1:40:33] a way [1:40:33] on [1:40:34] how [1:40:34] we [1:40:34] can [1:40:35] possibly [1:40:36] have [1:40:37] a [1:40:37] procedure [1:40:38] to [1:40:38] do [1:40:39] a [1:40:39] post [1:40:39] audit [1:40:39] prior [1:40:41] to [1:40:42] the [1:40:44] issuance [1:40:44] of [1:40:44] the [1:40:44] certificate [1:40:45] of [1:40:45] availment [1:40:46] so [1:40:46] that [1:40:46] the [1:40:47] document [1:40:48] would [1:40:48] be [1:40:48] more [1:40:48] conclusive [1:40:49] even [1:40:49] in [1:40:50] courts [1:40:50] we [1:40:50] can [1:40:50] present [1:40:51] it [1:40:51] and [1:40:51] be [1:40:52] comfortable [1:40:55] for [1:40:55] us [1:40:56] that [1:40:56] document [1:40:59] can [1:41:00] may be [1:41:02] able [1:41:02] to [1:41:03] terminate [1:41:04] a case [1:41:05] that is [1:41:06] sorry [1:41:07] this is [1:41:08] final [1:41:09] na pala [1:41:09] that it [1:41:10] would [1:41:10] be [1:41:11] conclusive [1:41:11] as to [1:41:12] the [1:41:13] settlement [1:41:13] talaga [1:41:14] of all [1:41:14] the [1:41:15] liabilities [1:41:15] One [1:41:16] feature [1:41:16] sa aking [1:41:17] bill [1:41:17] Mr. [1:41:18] Senate [1:41:18] President [1:41:18] kung [1:41:19] may [1:41:19] pending [1:41:19] case [1:41:20] may [1:41:21] option [1:41:21] siya [1:41:22] to [1:41:22] avail [1:41:22] maski [1:41:23] wala [1:41:24] pang [1:41:24] resolution [1:41:25] yung [1:41:25] case [1:41:26] kung [1:41:26] matalo [1:41:27] siya [1:41:27] there's [1:41:28] no [1:41:28] refund [1:41:28] he [1:41:31] should [1:41:31] take [1:41:31] the [1:41:31] risk [1:41:32] na [1:41:32] kumanalo [1:41:32] siya [1:41:33] naka-avail [1:41:33] siya [1:41:33] ng [1:41:33] tax [1:41:34] amnesty [1:41:34] pero [1:41:36] kumanalo [1:41:36] siya [1:41:36] forfeited [1:41:37] yung [1:41:37] kanyang [1:41:38] binayaran [1:41:39] we [1:41:41] support [1:41:42] that [1:41:42] provision [1:41:43] Mr. [1:41:44] Chair [1:41:44] natural [1:41:44] kasi [1:41:45] revenue [1:41:45] yan [1:41:45] you'll [1:41:52] be the [1:41:52] last [1:41:52] person [1:41:52] to [1:41:52] oppose [1:41:53] that [1:41:53] we'd [1:41:54] just [1:41:55] like [1:41:55] to [1:41:55] also [1:41:55] clarify [1:41:56] as [1:41:57] pointed [1:41:58] out [1:41:58] by Mr. [1:41:59] Chair [1:41:59] in [1:41:59] your [1:41:59] bill [1:42:00] we [1:42:01] support [1:42:02] that [1:42:03] provision [1:42:03] and [1:42:04] we'd [1:42:05] also [1:42:05] like [1:42:05] to [1:42:05] reiterate [1:42:06] sir [1:42:06] that [1:42:06] in [1:42:07] the [1:42:07] grant [1:42:08] of [1:42:08] the [1:42:08] amnesty [1:42:08] what [1:42:09] we're [1:42:09] forgiving [1:42:10] are only [1:42:11] those [1:42:11] liabilities [1:42:12] under [1:42:13] the [1:42:13] national [1:42:14] internal [1:42:14] revenue [1:42:15] code [1:42:15] and [1:42:16] not [1:42:16] in [1:42:17] any [1:42:17] other [1:42:17] provision [1:42:18] of [1:42:18] law [1:42:19] how long [1:42:23] is the [1:42:23] validity [1:42:24] period [1:42:24] of the [1:42:25] estate [1:42:26] tax [1:42:26] amnesty [1:42:26] payment [1:42:27] certificate [1:42:28] per [1:42:29] experience [1:42:30] current [1:42:34] right [1:42:36] right [1:42:36] now [1:42:36] sir [1:42:36] we've [1:42:37] as [1:42:37] mentioned [1:42:38] earlier [1:42:38] it [1:42:38] doesn't [1:42:39] have [1:42:39] like [1:42:42] a [1:42:42] period [1:42:42] of [1:42:43] validity [1:42:43] but [1:42:45] our [1:42:45] proposal [1:42:45] is to [1:42:46] already [1:42:46] have [1:42:47] that [1:42:47] since [1:42:48] if [1:42:48] we're [1:42:48] going [1:42:48] to [1:42:49] have [1:42:49] if [1:42:50] we're [1:42:50] going [1:42:50] to [1:42:50] impose [1:42:51] that [1:42:51] the [1:42:53] application [1:42:54] and payment [1:42:54] should [1:42:54] happen [1:42:55] before [1:42:55] the [1:42:55] June [1:42:56] 30 [1:42:56] 20 [1:42:56] 28 [1:42:57] deadline [1:42:58] we have [1:42:58] to [1:42:58] have [1:42:59] an [1:42:59] exact [1:42:59] period [1:43:00] on [1:43:00] when [1:43:00] they [1:43:01] should [1:43:01] be [1:43:01] they [1:43:02] should [1:43:02] pay [1:43:02] the [1:43:03] estate [1:43:03] tax [1:43:04] amnesty [1:43:04] tax [1:43:05] book [1:43:05] I'd like [1:43:37] to ask [1:43:37] our [1:43:40] resource [1:43:40] person [1:43:40] and [1:43:41] team [1:43:42] up [1:43:42] the [1:43:42] real [1:43:44] issues [1:43:50] that [1:43:50] they [1:43:50] encounter [1:43:51] and [1:43:53] it [1:43:54] affects [1:43:54] the [1:43:56] application [1:43:57] for [1:43:57] tax [1:43:58] amnesty [1:43:58] so we [1:44:01] can [1:44:01] correct [1:44:02] it [1:44:02] in [1:44:02] the [1:44:02] bill [1:44:02] or [1:44:03] include [1:44:04] some [1:44:04] of [1:44:04] the [1:44:05] recommendations [1:44:06] in [1:44:06] the [1:44:06] bill [1:44:06] Mr. [1:44:08] Chair [1:44:08] I'm [1:44:09] Senate [1:44:09] President [1:44:10] one of [1:44:13] the [1:44:13] concerns [1:44:13] was the [1:44:14] extrajudicial [1:44:14] settlement [1:44:15] the [1:44:15] EJS [1:44:16] which [1:44:16] was [1:44:16] like [1:44:17] there [1:44:17] was [1:44:18] an [1:44:18] RMC [1:44:19] that [1:44:19] was [1:44:19] issued [1:44:19] by [1:44:20] BIR [1:44:20] not [1:44:21] requiring [1:44:21] the [1:44:21] EJS [1:44:22] anymore [1:44:23] but [1:44:23] sad [1:44:24] to say [1:44:25] it [1:44:25] was [1:44:25] issued [1:44:26] two [1:44:26] months [1:44:27] before [1:44:27] the [1:44:28] deadline [1:44:28] of [1:44:28] the [1:44:28] amnesty [1:44:29] so [1:44:30] if [1:44:30] we [1:44:30] can [1:44:31] perhaps [1:44:32] we [1:44:32] can [1:44:32] already [1:44:32] include [1:44:33] that [1:44:33] in [1:44:33] the [1:44:33] law [1:44:34] in [1:44:38] the [1:44:38] list [1:44:39] I think [1:44:44] aminado [1:44:44] naman [1:44:45] si [1:44:45] Attorney [1:44:45] Barcelo [1:44:46] it's a [1:44:47] force [1:44:47] of [1:44:47] habit [1:44:48] in [1:44:49] some [1:44:49] of [1:44:49] the [1:44:49] RDOs [1:44:50] hinihingi [1:44:51] but [1:44:51] there's [1:44:53] already [1:44:54] an [1:44:55] RMC [1:44:55] related [1:44:56] to [1:44:56] that [1:44:56] so [1:44:57] we'll [1:44:59] just [1:44:59] make sure [1:45:00] that [1:45:00] that's [1:45:00] enforced [1:45:01] also [1:45:01] even [1:45:02] after [1:45:02] the [1:45:02] new [1:45:03] law [1:45:04] anything [1:45:05] else [1:45:05] experience [1:45:06] you [1:45:07] EJS [1:45:08] EJS [1:45:08] certificate [1:45:10] of [1:45:10] death [1:45:10] then [1:45:11] discuss [1:45:12] and [1:45:14] then [1:45:14] there's [1:45:14] Spanish [1:45:17] title [1:45:17] I have [1:45:18] a client [1:45:18] Spanish [1:45:19] title [1:45:19] so [1:45:20] we [1:45:21] agreed [1:45:21] already [1:45:22] that [1:45:22] it [1:45:23] will [1:45:23] be [1:45:23] separated [1:45:24] the [1:45:24] processing [1:45:25] of [1:45:25] the [1:45:25] tax [1:45:25] amnesty [1:45:26] is [1:45:26] separate [1:45:26] and [1:45:26] distinct [1:45:27] from [1:45:27] the [1:45:27] processing [1:45:27] of [1:45:28] the [1:45:28] ECAR [1:45:28] so [1:45:29] perhaps [1:45:30] the [1:45:30] Spanish [1:45:31] title [1:45:31] can [1:45:31] be [1:45:32] used [1:45:32] for [1:45:32] the [1:45:32] tax [1:45:33] amnesty [1:45:33] availment [1:45:34] and [1:45:34] then [1:45:35] separate [1:45:35] ECHAR [1:45:36] application [1:45:38] team [1:45:41] up [1:45:41] any [1:45:42] experience [1:45:44] real life [1:45:46] experience [1:45:47] in applying [1:45:47] for [1:45:48] tax [1:45:49] amnesty [1:45:49] yes [1:45:50] Mr. [1:45:51] Senate [1:45:51] President [1:45:52] I think [1:45:52] we've already [1:45:53] raised [1:45:54] most of [1:45:54] our [1:45:55] challenges [1:45:56] it's [1:45:57] really [1:45:57] more [1:45:57] of [1:45:58] the [1:45:59] documentary [1:45:59] requirements [1:46:00] which [1:46:01] I think [1:46:02] was already [1:46:02] addressed [1:46:03] earlier [1:46:03] the [1:46:04] changing [1:46:04] requirements [1:46:05] from [1:46:05] RDO [1:46:06] to [1:46:06] RDO [1:46:07] and [1:46:08] I [1:46:10] think [1:46:10] once [1:46:11] we [1:46:12] have [1:46:12] the [1:46:12] mandatory [1:46:13] list [1:46:13] in [1:46:14] the [1:46:14] law [1:46:14] itself [1:46:15] and [1:46:16] limiting [1:46:16] the [1:46:17] alternative [1:46:17] documents [1:46:18] as [1:46:18] mentioned [1:46:19] by [1:46:20] Depcom [1:46:20] Larry [1:46:21] earlier [1:46:21] then [1:46:22] I [1:46:22] think [1:46:22] that [1:46:22] would [1:46:22] address [1:46:23] the [1:46:24] issue [1:46:24] of [1:46:24] different [1:46:25] requirements [1:46:26] I [1:46:27] also [1:46:27] mentioned [1:46:27] earlier [1:46:28] the [1:46:28] difficulty [1:46:29] where [1:46:30] the [1:46:30] property [1:46:31] is [1:46:31] still [1:46:31] in [1:46:32] the [1:46:32] prior [1:46:32] decedent [1:46:33] I [1:46:33] really [1:46:34] hope [1:46:34] that [1:46:34] the [1:46:35] DOF [1:46:35] and [1:46:35] the [1:46:35] BIR [1:46:36] can [1:46:36] address [1:46:37] that [1:46:37] because [1:46:37] that's [1:46:38] a [1:46:38] major [1:46:38] hurdle [1:46:39] for [1:46:39] a lot [1:46:40] of [1:46:40] our [1:46:40] clients [1:46:41] where [1:46:41] for [1:46:43] some [1:46:43] reason [1:46:43] the [1:46:43] family [1:46:44] did [1:46:44] not [1:46:44] take [1:46:44] care [1:46:45] of [1:46:45] the [1:46:45] transfer [1:46:45] of [1:46:46] the [1:46:46] title [1:46:46] from [1:46:47] a [1:46:47] prior [1:46:47] decedent [1:46:48] up [1:46:48] to [1:46:48] the [1:46:49] current [1:46:49] decedent [1:46:50] which [1:46:50] made [1:46:51] it [1:46:52] difficult [1:46:52] for [1:46:53] us [1:46:53] at [1:46:53] least [1:46:54] during [1:46:54] that [1:46:54] time [1:46:55] where [1:46:55] we [1:46:55] had [1:46:55] to [1:46:55] go [1:46:55] to [1:46:55] the [1:46:55] RDOs [1:46:57] to [1:46:58] file [1:46:58] the [1:46:58] application [1:46:59] for [1:47:00] amnesty [1:47:01] in the [1:47:02] place [1:47:03] where [1:47:03] the [1:47:03] property [1:47:03] was [1:47:04] located [1:47:04] which [1:47:05] I [1:47:05] think [1:47:05] was [1:47:05] already [1:47:06] addressed [1:47:06] by [1:47:07] the [1:47:07] EOPTA [1:47:08] another [1:47:09] I [1:47:13] think [1:47:13] one [1:47:14] enhancement [1:47:15] is the [1:47:15] installment [1:47:16] payment [1:47:16] of [1:47:17] the [1:47:17] estate [1:47:18] tax [1:47:18] that [1:47:20] may [1:47:20] also [1:47:20] address [1:47:21] the [1:47:22] concerns [1:47:23] of [1:47:23] those [1:47:23] who [1:47:24] may [1:47:24] not [1:47:24] have [1:47:24] the [1:47:24] means [1:47:25] to [1:47:25] pay [1:47:25] the [1:47:26] estate [1:47:26] tax [1:47:27] amnesty [1:47:27] amount [1:47:28] itself [1:47:29] the [1:47:29] tax [1:47:29] itself [1:47:29] we [1:47:31] noted [1:47:32] that [1:47:32] there [1:47:33] are [1:47:33] provisions [1:47:33] where [1:47:34] the [1:47:35] tax [1:47:36] may [1:47:36] be [1:47:36] paid [1:47:37] in [1:47:37] installment [1:47:37] up [1:47:38] to [1:47:38] two [1:47:39] years [1:47:39] with [1:47:40] the [1:47:40] requirement [1:47:41] at [1:47:41] least [1:47:41] 25% [1:47:43] should [1:47:43] be [1:47:43] paid [1:47:43] at [1:47:44] least [1:47:44] 50% [1:47:45] should [1:47:45] be [1:47:45] paid [1:47:46] I [1:47:46] think [1:47:47] that [1:47:47] would [1:47:47] alleviate [1:47:47] the [1:47:48] concerns [1:47:49] for [1:47:49] some [1:47:50] estates [1:47:51] who [1:47:51] may [1:47:51] not [1:47:52] have [1:47:52] the [1:47:53] means [1:47:53] at [1:47:53] this [1:47:53] time [1:47:54] to [1:47:54] pay [1:47:54] for [1:47:55] the [1:47:55] estate [1:47:55] tax [1:47:56] I [1:47:56] think [1:47:56] those [1:47:56] are [1:47:56] most [1:47:57] of [1:47:57] the [1:47:57] concerns [1:47:58] your [1:47:59] honors [1:47:59] Mr. [1:48:04] President [1:48:04] i-restate [1:48:05] ko lang [1:48:05] yung [1:48:05] question [1:48:05] ko [1:48:06] kay [1:48:06] Asik Nina [1:48:07] delinquent [1:48:09] estate [1:48:09] taxpayer [1:48:10] final and [1:48:12] executory [1:48:13] can he [1:48:14] still [1:48:14] avail [1:48:15] you don't need to [1:48:17] answer now [1:48:18] include [1:48:18] muna [1:48:19] position [1:48:20] paper [1:48:20] ninyo [1:48:21] pag-aralan [1:48:22] nyo [1:48:22] lang [1:48:22] okay [1:48:23] para [1:48:23] clarify [1:48:24] Mr. [1:48:28] Chairman [1:48:29] finally [1:48:29] my last [1:48:30] question [1:48:30] is [1:48:30] on [1:48:32] how [1:48:33] much [1:48:34] is [1:48:34] the [1:48:34] new [1:48:34] estimate [1:48:35] Asik Nina [1:48:38] of course [1:48:39] may estimate [1:48:40] lang to [1:48:40] but [1:48:41] based on [1:48:43] your [1:48:44] research [1:48:44] how much [1:48:44] is the [1:48:45] potential [1:48:45] collection [1:48:46] Mr. [1:48:48] Chair [1:48:48] we're [1:48:48] still [1:48:48] finalizing [1:48:49] our [1:48:49] numbers [1:48:50] we [1:48:52] have [1:48:54] preliminary [1:48:54] pero [1:48:55] we can't [1:48:56] give it [1:48:56] out [1:48:56] because [1:48:57] it's [1:48:57] too [1:48:57] preliminary [1:48:58] yes [1:49:00] sure [1:49:00] but [1:49:00] we're [1:49:00] looking [1:49:01] at [1:49:01] data [1:49:01] from [1:49:02] the [1:49:02] PSA [1:49:03] as [1:49:04] well [1:49:04] as [1:49:04] the [1:49:05] rate [1:49:05] of [1:49:05] availment [1:49:06] also [1:49:06] in [1:49:07] the [1:49:07] previous [1:49:07] amnesty [1:49:08] and [1:49:10] also [1:49:10] the [1:49:11] current [1:49:12] estate [1:49:13] taxes [1:49:13] that [1:49:13] are [1:49:13] being [1:49:13] collected [1:49:14] so [1:49:15] those [1:49:16] would [1:49:16] be [1:49:16] the [1:49:17] factors [1:49:17] that [1:49:17] you [1:49:17] will [1:49:17] be [1:49:18] looking [1:49:18] at [1:49:18] in [1:49:18] our [1:49:19] determination [1:49:20] of [1:49:20] the [1:49:20] revenue [1:49:22] potential [1:49:23] revenue [1:49:25] out of [1:49:27] curiosity [1:49:28] how do [1:49:28] you [1:49:29] estimate [1:49:29] kasi [1:49:30] may [1:49:30] lupa [1:49:31] tapos [1:49:32] may [1:49:32] namatay [1:49:33] do [1:49:34] you [1:49:35] put that [1:49:36] together [1:49:37] and then [1:49:37] hindi [1:49:38] niya [1:49:38] na [1:49:38] transfer [1:49:39] ito [1:49:39] I know [1:49:40] it's [1:49:40] very [1:49:40] difficult [1:49:41] massive [1:49:42] amounts [1:49:43] of [1:49:43] documents [1:49:43] but [1:49:44] out of [1:49:46] curiosity [1:49:46] I know [1:49:47] it's [1:49:47] very [1:49:47] difficult [1:49:47] kasi [1:49:48] as [1:49:52] to [1:49:52] how [1:49:53] we [1:49:53] look [1:49:53] at [1:49:53] how [1:49:54] much [1:49:54] the [1:49:54] estate [1:49:55] would [1:49:55] be [1:49:55] we're [1:49:56] using [1:49:56] PSA [1:49:57] data [1:49:57] on [1:49:58] those [1:49:59] those [1:50:04] who [1:50:04] have [1:50:04] there's [1:50:06] a [1:50:06] PSA [1:50:06] data [1:50:07] where [1:50:07] it [1:50:08] says [1:50:08] who [1:50:09] has [1:50:09] family [1:50:10] homes [1:50:11] and [1:50:12] who [1:50:12] has [1:50:12] properties [1:50:13] real [1:50:13] properties [1:50:14] so [1:50:15] that [1:50:15] number [1:50:16] we [1:50:16] use [1:50:16] to [1:50:17] determine [1:50:18] how [1:50:18] much [1:50:19] the [1:50:19] estate [1:50:20] would [1:50:21] be [1:50:21] I [1:50:23] can [1:50:23] ask [1:50:24] our [1:50:24] colleagues [1:50:25] from [1:50:25] NTRC [1:50:26] to [1:50:26] explain [1:50:28] good [1:50:32] morning [1:50:36] Mr. [1:50:37] Chair [1:50:37] and [1:50:37] Mr. [1:50:38] Senate [1:50:39] President [1:50:39] I [1:50:40] would [1:50:41] like [1:50:41] to [1:50:41] kindly [1:50:42] ask [1:50:42] if [1:50:43] my [1:50:43] colleague [1:50:44] Mr. [1:50:47] Makobe [1:50:47] could [1:50:47] our [1:50:48] statistician [1:50:49] could [1:50:49] please [1:50:50] give [1:50:51] the [1:50:51] explanation [1:50:51] on [1:50:52] how [1:50:52] we [1:50:52] derive [1:50:53] the [1:50:53] estimates [1:50:55] thank [1:50:56] you [1:50:56] last [1:51:24] time [1:51:25] kasi [1:51:25] yung [1:51:25] last [1:51:25] amnesty [1:51:26] was [1:51:27] 8.7 [1:51:28] yung [1:51:29] estimate [1:51:30] of [1:51:32] which [1:51:32] it [1:51:33] exceeded [1:51:33] the [1:51:34] actual [1:51:35] collection [1:51:35] exceeded [1:51:36] the [1:51:36] target [1:51:36] sorry [1:51:41] 2.5 [1:51:42] billion [1:51:42] pala [1:51:43] yung [1:51:43] last [1:51:44] third [1:51:45] amnesty [1:51:46] natin [1:51:46] the [1:51:46] estimate [1:51:47] is [1:51:47] 2.5 [1:51:48] the [1:51:49] actual [1:51:49] collection [1:51:49] is [1:51:50] 7.9 [1:51:51] so [1:51:52] it [1:51:52] exceeded [1:51:53] by [1:51:53] 5.4 [1:51:55] billion [1:51:55] hello [1:51:59] to the [1:52:00] honorable [1:52:00] senators [1:52:01] so [1:52:02] i'm [1:52:03] andy [1:52:03] from [1:52:03] nprc [1:52:04] and [1:52:05] i'm [1:52:06] here [1:52:06] to [1:52:06] somewhat [1:52:07] provide [1:52:07] you [1:52:08] a [1:52:09] preliminary [1:52:10] estimate [1:52:11] for [1:52:12] the [1:52:12] just [1:52:16] the [1:52:16] methodology [1:52:17] just [1:52:17] the [1:52:17] methodology [1:52:18] because [1:52:18] we [1:52:18] are [1:52:19] not [1:52:19] yet [1:52:19] we [1:52:20] have [1:52:20] not [1:52:20] yet [1:52:20] finalized [1:52:21] the [1:52:21] assumptions [1:52:21] so [1:52:22] for [1:52:23] our [1:52:23] part [1:52:24] we [1:52:24] actually [1:52:24] use [1:52:25] the [1:52:25] PSA [1:52:26] number [1:52:27] of [1:52:27] the [1:52:27] death [1:52:27] statistics [1:52:28] from [1:52:28] the [1:52:28] PSA [1:52:29] as [1:52:29] our [1:52:29] baseline [1:52:30] data [1:52:30] and [1:52:31] then [1:52:31] from [1:52:31] that [1:52:32] we [1:52:33] actually [1:52:34] took [1:52:34] we [1:52:36] had [1:52:37] some [1:52:37] proportions [1:52:37] analysis [1:52:38] we [1:52:39] actually [1:52:40] considered [1:52:41] a [1:52:42] certain [1:52:42] proportion [1:52:43] that's [1:52:43] around [1:52:43] 65% [1:52:44] corresponding [1:52:45] to [1:52:46] the [1:52:46] number [1:52:47] of [1:52:47] decedents [1:52:48] aged [1:52:48] 55 [1:52:49] and [1:52:49] above [1:52:49] of [1:52:49] course [1:52:50] that's [1:52:50] just [1:52:50] an [1:52:51] estimate [1:52:51] of [1:52:52] those [1:52:52] who [1:52:53] are [1:52:53] already [1:52:54] established [1:52:55] to have [1:52:55] states [1:52:55] then [1:52:56] we [1:52:56] factored [1:52:57] in [1:52:57] the [1:52:58] 2022 [1:52:59] app [1:53:00] is [1:53:00] finding [1:53:01] that [1:53:02] around [1:53:02] 62% [1:53:03] of [1:53:04] Filipino [1:53:05] households [1:53:05] own their [1:53:06] houses [1:53:06] and [1:53:07] that [1:53:07] so [1:53:07] just [1:53:08] for [1:53:08] the [1:53:08] sake [1:53:09] of [1:53:09] some [1:53:09] clarification [1:53:10] hindi [1:53:10] hindi [1:53:11] pa [1:53:11] po [1:53:11] kasama [1:53:11] yung [1:53:12] mga [1:53:12] financial [1:53:13] assets [1:53:13] po [1:53:13] dito [1:53:14] sa [1:53:14] estimation [1:53:15] namin [1:53:15] and [1:53:16] then [1:53:16] we [1:53:18] also [1:53:18] take [1:53:19] a look [1:53:20] at [1:53:20] the [1:53:21] distribution [1:53:23] of [1:53:23] filers [1:53:23] and [1:53:24] we [1:53:24] also [1:53:24] found [1:53:25] out [1:53:25] that [1:53:25] only [1:53:26] 12 [1:53:27] to [1:53:27] 20 [1:53:28] percent [1:53:28] of [1:53:29] the [1:53:29] filers [1:53:30] actually [1:53:30] have [1:53:31] taxable [1:53:33] states [1:53:34] kasi [1:53:34] pag [1:53:34] finactor [1:53:35] in po [1:53:35] natin [1:53:36] yung [1:53:36] gross [1:53:36] states [1:53:36] po [1:53:37] nila [1:53:37] I [1:53:38] think [1:53:38] those [1:53:39] who [1:53:39] have [1:53:39] 4 [1:53:39] million [1:53:40] and [1:53:40] below [1:53:40] comprise [1:53:42] around [1:53:42] 80 [1:53:42] percent [1:53:43] of [1:53:43] the [1:53:43] tax [1:53:44] filers [1:53:44] so [1:53:45] yun [1:53:45] po [1:53:45] yung [1:53:46] ginamit [1:53:47] namin [1:53:47] to [1:53:47] come up [1:53:47] with [1:53:48] some [1:53:49] preliminary [1:53:49] estimates [1:53:50] these [1:53:52] are [1:53:53] based [1:53:53] on [1:53:53] family [1:53:54] home [1:53:55] obviously [1:53:57] mas [1:53:57] malaki [1:53:57] yung [1:53:58] ownership [1:53:58] nila [1:53:58] mas [1:53:59] maraming [1:54:00] assets [1:54:01] so [1:54:01] these [1:54:02] are [1:54:02] just [1:54:02] mag-a [1:54:03] floor [1:54:03] to [1:54:04] it [1:54:04] can [1:54:04] be [1:54:04] more [1:54:04] yes [1:54:05] po [1:54:05] sir [1:54:06] thank [1:54:06] you [1:54:06] mr. [1:54:07] chairman [1:54:07] i'm [1:54:09] sure [1:54:09] meron [1:54:10] kayong [1:54:10] inventory [1:54:11] ng [1:54:11] mga [1:54:12] pending [1:54:12] assessment [1:54:13] at saka [1:54:14] yung [1:54:14] under [1:54:15] litigation [1:54:15] so [1:54:16] more or [1:54:16] less [1:54:17] pwede [1:54:17] niyong [1:54:17] gamitin yung [1:54:18] data [1:54:18] dyan [1:54:18] to [1:54:19] estimate [1:54:19] assuming [1:54:21] that [1:54:21] they [1:54:21] will [1:54:21] all [1:54:22] avail [1:54:22] di ba [1:54:23] meron [1:54:24] kayo [1:54:24] nyan [1:54:24] pending [1:54:31] assessment [1:54:31] pati yung [1:54:32] under [1:54:32] litigation [1:54:32] we [1:54:35] we would [1:54:36] have [1:54:36] the [1:54:36] data [1:54:36] sir [1:54:37] their [1:54:38] instances [1:54:38] were [1:54:39] very [1:54:39] seldom [1:54:39] yung [1:54:40] assessment [1:54:40] on [1:54:40] estates [1:54:41] but [1:54:41] we would [1:54:44] have [1:54:44] the [1:54:44] data [1:54:45] we [1:54:45] also [1:54:46] have [1:54:46] accounts [1:54:48] receivable [1:54:48] and [1:54:49] delinquent [1:54:49] accounts [1:54:50] so [1:54:50] that [1:54:50] one [1:54:50] else [1:54:51] sir [1:54:55] president [1:54:55] i think [1:54:57] i'm okay [1:54:57] i'm okay [1:54:57] i think [1:54:58] we can [1:54:59] suspend [1:54:59] suspend [1:55:00] lang muna [1:55:00] natin [1:55:01] just in [1:55:01] case [1:55:01] meron [1:55:02] mga [1:55:02] other [1:55:02] matters [1:55:03] that [1:55:03] would [1:55:03] crop [1:55:04] up [1:55:04] if not [1:55:06] then [1:55:07] we'll [1:55:07] just [1:55:08] prepare [1:55:09] our [1:55:09] committee [1:55:09] report [1:55:09] based [1:55:10] on your [1:55:10] position [1:55:11] papers [1:55:12] including [1:55:14] the others [1:55:14] so [1:55:16] with that [1:55:16] you can [1:55:17] thank you [1:55:21] very much [1:55:21] for the [1:55:22] for this [1:55:23] meeting [1:55:24] for this [1:55:24] hearing [1:55:24] thank you [1:55:25] mr. [1:55:25] chair [1:55:25] recording [1:55:30] stopped