Tax Law Lawyer in Bulacan
We advise Bulacan businesses and families on estate tax and the settlement of inherited property, BIR audits and assessments, capital gains and documentary stamp tax on transfers, VAT and withholding compliance, and local business and real property tax.
Estate tax is the tax issue that stops the most Bulacan transactions. Property held in a deceased parent's or grandparent's name cannot be transferred or mortgaged until the estate is settled and the tax cleared, and the liability grows with surcharges and interest for as long as it is left. Relief programmes for delinquent estates appear from time to time, so timing matters. Alongside it, transfers of land and shares carry capital gains and documentary stamp obligations with short filing deadlines from the date of the deed.
Services
- Transaction tax planning (M&A, restructuring, transfers)
- BIR audit and assessment defense
- Protests, requests for reconsideration, and reinvestigation
- Court of Tax Appeals litigation
- VAT refund claims
- Tax treaty relief applications
- Estate, donor's, and capital gains tax
Frequently asked questions
How is estate tax computed and when is it due?
It is based on the net estate at death, with deductions available, and is due within the statutory filing period from death. Late payment attracts surcharges and interest, so an early filing is worth arranging even where the estate is still being organised.
What taxes apply when we sell land?
Typically capital gains tax or creditable withholding tax depending on the seller's status, plus documentary stamp tax, with local transfer tax and registration fees on top. Deadlines run from the date of the deed, not the date of payment.
Can we settle the estate without going to court?
Yes, through extrajudicial settlement where all heirs agree and there is no will, with the required publication, bond where applicable, and estate tax clearance before registration.
Contact Eleazar Bangi & Associates Law Firm
Office: 511 Bell Mansion, Bagong Pag-asa, Quezon City, Metro Manila 1105, Philippines. Hours: Monday to Friday, 9:00 AM to 6:00 PM. Email: rjbangi@reblegal.com. WhatsApp and Viber available. Contact us.