BIR to go after properties of the dead
by Ben Moses Ebreo
Bayombong, Nueva Vizcaya (February 11) -- "The dead can no longer pay taxes but their heirs and other interested parties must".
With this concept in mind, the Bureau of Internal Revenue(BIR) will be implementing the "Rest In Peace" campaign, a nationwide program to map out taxable properties to be transferred from a dead person to its heirs or to any interested party persons.
Dubbed as Oplan RIP, the campaign involves tracking of property transactions with state taxes from 2008 to 2009 which will be subjected to corresponding legal settlements.
"There are many properties not yet legally and properly transferred in the country and these will be one of our priority focus this year to go after them," said Lawyer Maribel Utit, assistant revenue district officer here.
She said that a report from the National Statistics Office(NSO) showed that there were more than 400,000 deaths in the country covering the year 2007 and 2006.
However, our office only listed 29,000 stock filers who paid state taxes, Utit said, prompting their office to launch a program to address the discrepancy.
"We are now coordinating with Local Civil Registrars or LCRs to verify list of properties left by their original owners and also questionable transferred properties," she said.
She said that in Nueva Vizcaya, two towns have already responded on their request for list of dead persons inorder for them to verify if their properties have been transferred or not
Utit said the RIP campaign which is a mandatory program of the BIR and started last month will also help local government units on their collection of real property taxes.
"Heirs or other interested person or party must settle the property left within six months after the death of the owner to avoid legal actions which will be given by the BIR," Utit said. (PIA NVizcaya) [top]