Property gifted or transferred from parents to children will be filed online for tax purposes as of Monday (Dec. 13), through the platform myProperty, the government announced on Thursday, ANA reports.
As of December 20, it will be obligatory to file electronically any of these transactions, regardless of whether a paper route is followed.
Transfers submitted to local tax offices in paper format are still valid and will be processed accordingly unless the signing parties recall them.
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