a.

Time of payment At the time the returns are filed

b. Extension of time of payment
c. Extension of payment
not
allowed
d. Liability for payment
e. 6% final tax in case of partial
withdrawal in cash in bank of the
decedent is now allowed
1) Estate is settled through the courts- not to
2) Estate is settled extra-judicially- not to exce
When there is negligence, intentional disregard of rul
and fraud on the part of the tax payer.
1) Estate tax shall be paid by the executor or
before the
delivery of the distributive share in the inheritanc
beneficiary;
2) Where there are two or more executors or
of
them are severally liable for the payment of tax;
3) The executor or administrator of an estate has th
to pay the estate tax but the heir or beneficiary has s
the payment of that portion of the estate tax which h
bears to the value of the total net asset.