Why we need a separate

bills cover all “internal revenue

The requirements under a gen too complicated for heirs to comply with if they are imposed on it will not work if the heirs will be abroad and are no longer taxpay- tax settlement is always beset with complicated family issues.

single tax amnesty application by a separate taxpayer. Unless the general amnesty law will allow a

for the heirs to enjoy it.

While a general tax amnesty will definitely bring in revenue collec it might be more complicated to avail of than the straightforward estate tax amnesty contemplated under HB - time for our legislators to deliberate on the bills. It will thus be simpler and easier to pass a separate estate tax amnesty program. Such program of unlocking properties and spurring economic activity in the country.