BIR Ruling No. 61-2018

L'.b't,rc'KIMTN I Uf T,INANUT, BUREAU OF INTERNAL RJVENUE Quezon City Section 85 of the National Intemal Revenue Code of 1997, as amended; RA 6426:PD 1246 BIR Ruline No. 023-2012 iro61-n18 l-l+-<U16 ZUNtrEGA OLASO MACAPUNDAG & SALVADOR LAW OFFICBS Unit 103,2/F First Cqpit{ Condominium (FCC) Bldg., 119 Rada (Thailand) St., Legaspi Village, tr4atati Ci{, Attention: ATTY. JOSUE SIM ZUNIEGA Gentlemen: irttir" PoNaacfuhacttikholhiapeuoypinrratiitsnTdmyeehwacbiIsie.set,ah_lraseiasnetfhleiddluoerssewci,rodiSJn-dodcegi..en.iecyptnehfoocaaesuesmvi.ertoo_Pdlrera.cttroootk-edfwCr_yedidtgpbha,oudtuseyrridtaaocowrOlieBMctnrthasoresn.b,iceCrhMrhs, 5hiiwk.a,a2irtKekh0ooe1ou5nrIticjirhdtrehoi"mqeiulIudgesresoatp"ii,n;oigasoptiituasthhyaeiitvirBf"ara,."rnruKktulaionti"3fguottyhuionoe*rt It is re_presented that Mr. Kenjiro Isoe, Ms. Kazuyo Nakayama, and Ms. Chikako ol."Ihstppellct tagleRJeaptiraenee^seRneastiidoenanlts who are long term resirtlnts of tire Ffririppi;;;by virrue (qBSP vi_saq. issued by the Philippine Retirement $Myst.QC.thtlikva;-ktohaIcthoimn uAraugduiesdt-,2s1h,e2w0a1s5,alMresa.dCy haiwkaidkoowIcahnidmhuerar oatrietyJsloolntJvsotartt.;ioiii"rnt iw*uhe.un jttFdoohiriegeandentdtchaeahehcc,reecaawowsduhignteohqtrf,,ethmMheeeoatr.rdcoeehKncpeoeAafnarpsjttiheirrcieodlu,m9lIaas,tor2oltwey0he0ndas5BensdoaacnntMrekCibsatoe.htdfaiKtrrhdanaebzs(auir'/fty3rCoi"t)ilirlpiyot{pw,irtiLknhsade;:g;"uI-g*njl-u*;-adL,; stohu,pa"S""indo..i;a*.i"t""r,gr."?prtpiaho*"u"[isiiieCiartca.i.cmbOouueyRnaot,os,f Account No. Balance PhP S$ I"td;i pCUtIlf:nhl^-oSgtea_edy^.rDaep,nlcMheoa(cnNl.lolrt#a.IRuR,orInKe,.fCtrvas,tle.h)nennbedoluuiqsfJTetgaa7tppnthi9hd-ieao9ajIna7rstBex,ortsaeheaeinsensakiYdaecneemrsodnentmaeftMutsndpesdelsaieeipa.ansdonxKd.sc1iaetohrsezaautwsuilrylnieoptolhewegssNeSstlwahetnke'hhcaamoteiyjordaecntomh"i9!osawsliuefi;urt.fh"rt.jghfttuetenhianne"PwtN.lhyeuai/sltt*itpiciao""lptonraeisnarieelrrts.ot"]ht"tewio"it*isi*brpu.rebGaiitle.Rrhaorcee"*tmirarprru"nerrotsehuomowe.,f -oIsnrhtaeplerlnrbsaeol-InndRaeerlt,evepteramnlynuignethiebedCleroebtdogyer, .iinQpnlct-raelluI-n1RdgsCiginb)bgleeo,thfinwe1f_ho9ver9amr7elu,evetdehr"t.thsuatiftatu.fapiututeeirmdso.u.l;aiitnhrt,l'?tgo;rt oSdes;cdteiohsnta;it8e"5loloffptrthohe-epdJNretacyte,iodrne.uanttl

'.' .Moreover, interest on.a deposit account maintained by two or more persons is deemed to.be eq 'ally owned by them for income px pulpos"s. the tu-" p.Jru-ption fIIf,f42!0:1y2i)se apply for estate tax purposes. (BIR Ruling'No. 023-2012 diteitaiuary ctqhosimPrdlpesut(tla2TTt1h-io3Pun)su,propoofoynttfhlieyoesnognporoeefsrtstthahieiernsditbnaa(gt1ela/t3onocf)eMtohfeost.fhdCetehchebeiakdslaeaanknitodc. eaIccohcfoitmuhneutrsdaes,plhhoaesliltdnseohcteodUuel"dnltnb; e"aiunreAdp'eotdhrteeindtwtfhooe-r oMffti;h;kK.;;";"Ji;hjiil;lir;;.f;;t;;.;s 7tMFcNIKo$e\faaasat:tkzzA1hs'auueeC:tyyy9atoohLQom1.iTk4Nllb*-\a3hwaa1e4ki,)Ks-Dgo.a"auoonsiyvtvrIdhctc1aihushah'me*iaaMliolmubancnsacaeu,oi.loenlsrataucB;ontn.thhuwhcstierTsekeieetrhahrssaarveak.uinensiinoddhaoa3afsbtoIfsrh0chaerIehenaandiimjtluknamloeytebraihussnnnecaroattacaiirdcoolf.iatotuneRycbAnnergaevrffdgtnvsoteheuekrrehbntrneaatat*uhqtdvcnhreeecikea,ntoomabNauissefnhoiiaone"atfnirsnnudireog."ruiemptnvhsnraiuedez"itrtdnrufry,.tratiefooler-unqanreurcl.diicrroeoBbudan"intrtioskl"d.ist,roiutdhVbr;meertl.ieirtn**ar;a<radsemeiaptszenoMthhuwaraaostyrossl..ofl rHroweveTrh'.iis{urpuolinnginivsebseti.ginitgio.isns,uiet dwoilnl the basis of tthhe"tfo6re;Fgo*int.g:ffia;cftfs,;arsdriehpreesnenttehdis. be discloseA ruling shall be considered nuil and void. .Very truly yours, ffi CAESAR R. DULAY Commissioner of Intemal Revenue 0 12 7 s 0 *x-t-tu,qr