Jinggoy Estrada seeks extension of estate tax amnesty until June 2028
At A Glance
- Senator Jinggoy Ejercito Estrada has filed a bill seeking to extend the estate tax amnesty for another three years.
Senator Jinggoy Ejercito Estrada has filed a bill seeking to extend the estate tax amnesty for another three years.
The program ended last June 14, 2025, but Estrada, in filing Senate Bill No. 1488, sought to extend it until June 14, 2028 to give Filipino families more time to settle long-standing inheritance issues without fear of penalties or financial obligations.
“Many Filipino families have been struggling for decades to settle the paperwork of their inherited land or property. Not because they don’t want to, but because of lack of resources, poverty, missing documents, family feuds, and lack of access to legal assistance,” Estrada said in filing the bill.
Proposed SBN 1488 primarily seeks to amend the Tax Amnesty Act, or Republic Act No. 11213, as previously updated by Republic Act (RA) No. 11569 and RA 11956, to extend the estate tax amnesty until June 14, 2028 to give heirs and beneficiaries more time to formalize transfer of ownership of inherited properties.
RA 11213 helped waive penalties and reduced compliance burden for heirs who had been unable to settle inherited properties.
But despite the enactment of RA 11213, Estrada noted that a large segment of Filipino families have not availed of the amnesty.
“Many do not have the means to hire counsel, while others lack information and experience difficulty navigating legal procedures,” he said.
By extending the availment period to 2028, Estrada said it would give families a real chance to formalize property ownership, unlock the economic value of idle lands, and finally resolve long-standing estate issues.
Passage of SB 1488 into law will also enable heirs to either manually or electronically file their Estate Tax Amnesty Return at any authorized agent bank, Revenue District Office, Revenue Collection Officer, or authorized tax software provider.
“This measure continues the true spirit of the estate tax amnesty — helping families who have been unable to settle their obligations not out of defiance, but out of incapacity,” he said.
“Through this extension, we empower them to move forward, use their inherited property productively, and contribute to national development,” the lawmaker added.