Scribd Logo
Upload

Welcome to Scribd!

  • (RA No. 8424) Section Document Taxable Unit Tax Due Per Unit or Fraction % of Unit Taxable Event Primary Taxable Persons

    Uploaded by

    William Abarca
    4 views1 page
    This document outlines tax rates for different types of legal documents in the Philippines. It lists the document type, taxable unit, tax due per unit, percentage of unit, taxable event that triggers the tax, and primary taxable persons. Three types of documents are summarized: (1) leases and hiring agreements are taxed at 3% of the first 2,000 PHP and 0.1% for amounts over 2,000; (2) mortgages are taxed at 20 PHP for the first 5,000 PHP and 10 PHP for amounts over 5,000; (3) deed of sales are taxed at 15 PHP for the first 1,000 PHP and 15 PHP for each additional 1,000 PHP

    Original Description:

    Docs. Stamp

    Original Title

    Docs Stamp Table

    Copyright

    © © All Rights Reserved

    Available Formats

    DOC, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document outlines tax rates for different types of legal documents in the Philippines. It lists the document type, taxable unit, tax due per unit, percentage of unit, taxable event that triggers the tax, and primary taxable persons. Three types of documents are summarized: (1) leases and hiring agreements are taxed at 3% of the first 2,000 PHP and 0.1% for amounts over 2,000; (2) mortgages are taxed at 20 PHP for the first 5,000 PHP and 10 PHP for amounts over 5,000; (3) deed of sales are taxed at 15 PHP for the first 1,000 PHP and 15 PHP for each additional 1,000 PHP

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    4 views1 page

    (RA No. 8424) Section Document Taxable Unit Tax Due Per Unit or Fraction % of Unit Taxable Event Primary Taxable Persons

    Uploaded by

    William Abarca
    This document outlines tax rates for different types of legal documents in the Philippines. It lists the document type, taxable unit, tax due per unit, percentage of unit, taxable event that triggers the tax, and primary taxable persons. Three types of documents are summarized: (1) leases and hiring agreements are taxed at 3% of the first 2,000 PHP and 0.1% for amounts over 2,000; (2) mortgages are taxed at 20 PHP for the first 5,000 PHP and 10 PHP for amounts over 5,000; (3) deed of sales are taxed at 15 PHP for the first 1,000 PHP and 15 PHP for each additional 1,000 PHP

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    (RA No.

    Document Taxable Tax Due % of Taxable Primary


    8424) Unit Per Unit Unit Event Taxable
    or Persons
    Section Fraction

    194 Lease and other First 2,000 3.00 1.5% Upon issuance or Lessor/Lessee
    Hiring agreements For every 1.00 .1% renewal
    of memorandum or P1,000 or
    contract for hire, fractional part
    use or rent of any thereof in
    land or tenements excess of the
    or portions thereof first P2,000 for
    each year of
    the term of the
    contract or
    agreement

    195 Mortgages, First 5,000 20.00 .4% Upon issuance or Banks, Lending
    Pledges of lands, on each 10.00 renewal Co., pawnshop
    estate, or property P5,000 or
    and Deeds of Trust fractional part
    thereof in
    excess of
    P5,000

    196 Deed of Sale, First P1,000 15.00 1.5% Upon execution Seller/Buyer
    instrument or For each 15.00
    writing and additional
    P1,000 or
    Conveyances of
    fractional part
    Real Property thereof in excess
    (except grants, of P1,000
    patents or original
    certificate of the
    government)

    Taxable Base-
    Consideration or
    FMV whichever is
    higher (if gov't. is a
    party, basis shall
    be the
    consideration)

    You might also like