Professional Documents
Culture Documents
Description
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Tax Forms
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Documentary Requirements
Mandatory
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Tax Rates
Tax Document Taxable Unit Tax Due Per % of Unit Taxable Base
Cod Unit
e
Sect
ion
174 Original P200.00 or 2.00 1% Par value of shares of
Issue of fraction thereof stocks
Shares of
Stock with 2.00 Actual consideration for the
par value P200.00 or 1% issuance of shares of
fraction thereof stocks
Original Issue 2.00
of Shares of Actual value represented
Stock without 1% by each share
par value P200.00 or
fraction thereof
Stock
Dividend
175 Sales, P200.00 or 1.50 0.75% Par value of such stock
Agreements fraction thereof
to Sell, 50%
Memoranda
of Sales,
Deliveries
or Transfer DST paid upon the original
of Shares or issuance of said stock.
Certificates
of Stock
Stock
without par
value
176 Bonds, P200.00 or .75 .375% Par value of such bonds,
Debentures, fraction thereof debentures, Certificate of
Certificate Stock or Indebtedness
of Stock or
Indebtedne
ss issued in
foreign
Countries
177 Certificate P200.00 or 1.00 .5% Face value of such
of Profits or fraction thereof certificates / memorandum
Interest in
Property or
Accumulatio
n
178 Bank On each 3.00
Checks, Document
Drafts,
Certificate
of Deposit
not bearing
interest
and other
Instruments
179 All Debt P200.00 or 1.50 .75% Issue price of any such
Instruments fraction thereof debt instruments or a
fraction of 365 days for
instrument with term of
less than 1 year
180 All Bills of P200.00 or .60 .3% Face value of any such bill
Exchange fraction thereof of exchange or draft
or Drafts
181 Acceptance P200.00 or .60 .3% Face value of such bill of
of Bills of fraction thereof exchange or order or the
Exchange Philippine equivalent of such
or order value, if expressed in foreign
for the currency
payment of
money
purporting
to be drawn
in a
foreign
country but
payable in
the
Philippines
182 Foreign Bills P200.00 or fraction .60 .3% Face value of such bill of
of Exchange thereof exchange or letter of credit
and Letters or the Philippine equivalent
of Credit of such value, if expressed
in foreign currency
183 Life If the amount of exempt Amount of Insurance
Insurance insurance does
Policies not exceed
P100,000.00
20.00 Amount of Insurance
If the amount of
insurance exceeds
P100,000.00 but
does not exceed 50.00 Amount of Insurance
P300,000.00
If the amount of
insurance exceeds 100.00 Amount of Insurance
P300,000.00 but
does not exceed
P500,000.00
150.00 Amount of Insurance
If the amount of
insurance exceeds
P500,000.00 but
does not exceed
P750,000.00 200.00 Amount of Insurance
If the amount of
insurance exceeds
P750,000.00 but
does not exceed
P1,000,000.00
If the amount of
insurance exceeds
P1,000,000.00
184 Policies Of P4.00 premium or .50 12.5% Premium charged
Insurance fraction thereof
upon
Property
185 Fidelity P4.00 premium or .50 12.5% Premium charged
Bonds and fraction thereof
other
Insurance
Policies
186 Policies of P200.00 or 1.00 .5% Premium or installment
Annuities fraction thereof payment or contract price
or other collected
instruments
.40 .20%
P200.00 or Premium or contribution
fraction thereof collected
Pre-Need
Plans
187 Indemnity P4.00 or fraction .30 7.5% Premium charged
Bonds thereof
188 Certificates Each Certificate 30.00
of Damage
or
otherwise
and
Certificate
or
document
issued by
any
customs
officers,
marine
surveyor,
notary
public and
certificate
required by
law or by
rules and
regulations
of a public
office
189 Warehouse Each Receipt 30.00
Receipts
(except if
value does
not exceed
P200.00)
190 Jai-alai, P1.00 and below .20 20% Cost of the ticket
Horse Race cost of ticket
Tickets,
lotto or Cost of the ticket
Other Additional P0.20
Authorized on every P1.00 or
Number fraction thereof if
Games cost of ticket
exceeds P1.00
191 Bills of If the value of 2.00 Value of such goods
Lading or such goods
Receipts(exc exceeds P100.00
ept charter and does not
party) exceed P1,000.00 20.00 Value of such goods
If the value
exceeds Exempt
P1,000.00
Freight tickets
covering goods,
merchandise or
effects carried as
accompanied
baggage of
passengers on
land and water
carriers primarily
engaged in the
transportation of
passengers
192 Proxies Each proxy 30.00
(except
proxies
issued
affecting
the affairs
of
associations
or
corporation
s, organized
for
religious,
charitable
or literary
purposes)
193 Powers of Each Document 10.00
Attorney
(except acts
connected
with the
collection of
claims due
from or
accruing to
the
Governmen
t of the
Republic of
the
Philippines,
or the
government
of any
province,
city or
Municipality
)
194 Leases and First 2,000 or 6.00 .3%
other Hiring fractional part
agreements thereof
or
memorandu 2.00 .2%
m or
contract for For every P1,000
hire, use or or fractional part
rent of any thereof in excess
lands or of the first
tenements P2,000 for each
or portions year of the term
thereof of the said
contract or
agreement
195 Mortgage or First 5,000 40.00 .8% Amount Secured
Pledge of
lands,
estate, or On each P5,000 20.00 .4% Amount Secured
property or fractional part
and Deeds thereof in excess
of Trust of 5,000
196 Deed of First 1,000 15.00 1.5% Consideration or Fair
Sale, Market Value, whichever is
Conveyance higher (if government is a
s, party, basis shall be the
Donations consideration)
of Real
Property For each 15.00 1.5%
(except additional P1,000 Consideration or Fair
grants, or fractional part Market Value, whichever is
patents or thereof in excess higher (if government is a
original of P1,000 party, basis shall be the
certificate consideration)
of
adjudication
issued by
the
government
)
197 Charter Charter parties
parties and and similar
Similar instruments if
Instruments gross tonnage of
the ship, vessel or 1st 6 months Registered gross tonnage
steamer is: P1,000.00
In excess + P
1,000 tons and 100.00
below
Registered gross tonnage
1st 6 months
P2,000.00
In excess +
1,001 to 10,000 P200.00
tons
Registered gross tonnage
1st 6 months
P3,000
In excess + 300
Over 10,000 tons
198 Stamp Tax At the same rate
on as that imposed
Assignments on the original
and instrument.
Renewals or
Continuance
of Certain
Instruments
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Procedures
2. In the case of Electronic Documentary Stamp Tax (eDST) System user, by the
taxpayers belonging to the industries mandated to use the web-based eDST System in
the payment/remittance of DST liabilities and the affixture of the prescribed
documentary stamp on taxable documents and taxpayers who, at their option, choose
to pay the DST liabilities thru the eDST System pursuant to Revenue Regulations (RR)
No. 7-2009; and
Whenever one party to the taxable document enjoys exemption from the tax herein
imposed, the other party thereto who is not exempt shall be the one directly liable for
the tax.
The return shall be filed within five (5) days after the close of the month when the
taxable document was made, signed, issued, accepted or transferred or upon
remittance by revenue collection agents of collection from the sale of loose
documentary stamps.
The return shall be filed with the Authorized Agent Bank (AAB) within the territorial
jurisdiction of the Revenue District Office where the residence or place of business of
the taxpayer is located or where the collection agent is assigned. In places where there
are no AABs, the return shall be filed directly with the Revenue Collection Officer (RCO)
within the Revenue District Office which has jurisdiction over the residence or place of
business of the taxpayer or where the collection agent is assigned.
When and Where to Pay
Upon filing of this return, the total amount payable shall be paid to the AAB where the
return is filed within five (5) days after the close of the month when the taxable
document was made. In places where there are no AABs, the tax shall be paid with the
Revenue Collection Officer who shall issue an Electronic Revenue Official Receipt
(eROR) therefor.
When the return is filed with an AAB, taxpayer must accomplish and submit BIR-
prescribed deposit slip, which the bank teller shall machine validate as evidence that
payment was received by the AAB. The AAB receiving the tax return shall stamp mark
the word “Received” on the return and also machine validate the return as proof of filing
the return and payment of the tax by the taxpayer, respectively. The machine validation
shall reflect the date of payment, amount paid and transactions code, the name of the
bank, branch code, teller’s code and teller’s initial. Bank debit memo number and date
should be indicated in the return for taxpayers paying under the bank debit system.
Prior to the enrollment in the eDST System, taxpayers availing thereof, whether on the
mandatory or optional basis, shall be duly enrolled under the BIR Electronic Filing and
Payment System (eFPS). In paying the DST liabilities, BIR Form No. 2000 shall be filed
and the amount due thereon shall be paid thru the eFPS for taxpayers and PhilPass
Facility of the Bangko Sentral ng Pilipinas for banks (AABs and non-AABs).
The deadline for electronically filing and paying the taxes due thereon shall be in
accordance with the provisions of existing applicable revenue issuances.
The return shall be filed in triplicate by the following person making, signing, issuing,
accepting or transferring the document or facility evidencing transaction:
1. Every natural or juridical person, resident or non-resident, for donation, sale, barter,
exchange or other onerous disposition of shares of stock in a domestic corporation,
classified as capital asset, not traded in the local stock exchange;
Whenever one party to the taxable document enjoys exemption from the tax herein
imposed, the other party thereto who is not exempt shall be the one directly liable for
the tax.
When and Where to File and Pay
The return shall be filed and the tax paid within five (5) days after the close of the month
when the taxable document was made, signed, issued, accepted or transferred.
The return shall be filed with and the tax paid to the Authorized Agent Bank (AAB) within
the territorial jurisdiction of Revenue District Office (RDO) where the
seller/transferor/donor is required to be registered or where the property is located in
case of sale of real property.
When the return is filed with an AAB, taxpayer must accomplish and submit BIR-
prescribed deposit slip, which the bank teller shall machine validate as evidence that
payment was received by the AAB. The AAB receiving the tax return shall stamp mark
the word “Received” on the return and also machine validate the return as proof of filing
the return and payment of the tax by the taxpayer, respectively.
The machine validation shall reflect the date of payment, amount paid and transactions
code, the name of the bank, branch code, teller’s code and teller’s initial. Bank debit
memo number and date should be indicated in the return for taxpayers paying under the
bank debit system.
Payments may also be made thru the epayment channels of AABs or online facility,
credit/debit/prepaid cards, and mobile payments.
For transactions covered by one (1) Deed of Sale/Exchange/Donation involving one (1)
to three (3) properties, the taxpayer can avail of the fast lane pursuant to Revenue
Memorandum Circular (RMC) No. 43-2018, as amended by RMC No. 107-2018.
Payments amounting to twenty thousand pesos (P 20,000.00) and below shall be paid
in cash while payments above twenty thousand pesos (P 20,000.00) shall be made
through Manager’s Check or Cashier’s Check to the Revenue Collection Officer of the
RDO concerned.
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1) What are the documents/ papers not subject to Documentary Stamp Tax?
Under Section 9 of Revenue Regulations No. 13-2004, the following documents and
papers are not subject to DST:
Further, Section 20 of RR No. 4-2018 exempts from DST the following donations or gifts that
are exempt from donor’s tax:
Gifts made to or for the use of the National Government or any entity created by any of
its agencies which is not conducted for profit, or to any political subdivision of the said
Government; and
Gifts in favor of an educational and/or charitable, religious, cultural or social welfare
corporation, institution, accredited nongovernment organization, trust or philanthropic
organization or research institution or organization: Provided, however, that not more
than thirty percent (30%) of said gifts shall be used by such donee for administration
purposes.
In the Authorized Agent Bank (AAB) within the territorial jurisdiction of the RDO which has
jurisdiction over the residence or principal place of business of the taxpayer or where the
property is located in case of sale of real property or where the Collection Agent is assigned. In
places where there is no Authorized Agent Bank, the return will be filed with the Revenue
Collection Officer or duly authorized City or Municipal Treasurer where the taxpayer's residence
or principal place of business is located or where the property is located in case of sale of real
property or where the Collection Agent is assigned.
An instrument, document, or paper which is required by law to be stamped and which has been
signed, issued, accepted or transferred without being duly stamped, shall not be recorded, nor
shall it or any copy thereof or any record of transfer of the same be admitted or used in
evidence in any court until the requisite stamp or stamps shall have been affixed thereto and
cancelled.
No notary public or other officer authorized to administer oaths shall add his jurat or
acknowledgment to any document subject to documentary stamp tax unless the proper
documentary stamps are affixed thereto and cancelled.
The eDST is a web-based application created for taxpayers and the BIR that is capable of
affixing a secured documentary stamp on the taxable documents as defined under the
appropriate provisions under Title VII of the National Internal Revenue Code of 1997, as
amended, thru the use of a computer unit, any laser printer with at least 1200 dpi resolution, and
Internet Explorer 7.0 It is also capable of providing a 3-layer watermark on stamps for added
security. (Sec. 5 (1), RR No. 7-2009)
6) Is DST Law applicable on Electronic Documents?
The DST rates as imposed under the Code, as amended by R.A. 9243 and further amended by
R.A. 10963 shall be applicable on all documents not otherwise expressly exempted by the said
law, notwithstanding the fact that they are in electronic form. As provided for by R.A. 8792,
otherwise known as the Electronic Commerce Act, electronic documents are the functional
equivalent of a written document under existing laws, and the issuance thereof is therefore
tantamount to the issuance of a written document, and therefore subject to DST. (Sec. 10, RR
No. 13-2004 as amended by RR No. 4-2018)
“Debt Instrument” shall mean instruments representing borrowing and lending transaction
including but not limited to:
debentures
certificates of indebtedness
due bills
bonds
loan agreements, including those signed abroad wherein the object of the contract is
located or used in the Philippines
instruments and securities issued by the government or any of its instrumentalities
deposit substitute debt instruments
certificates or other evidences of deposits that are drawing instrument significantly
higher than the regular savings deposit taking into consideration the size of the deposit
and the risks involved
certificates or other evidences of deposits that are drawing interest and having a specific
maturity date
promissory notes, whether negotiable or non-negotiable, except bank notes issued for
circulation (Sec. 5, RR No. 13-2004)
8) Is any document, transaction or arrangement entered into under Financial Lease subject to
Documentary Stamp Tax?
Financial lease is akin to a debt rather than a lease. A nature of an obligation than a lease of
personal property. The mere act of extending credit is already a means of facilitating an
obligation or advancing in behalf of the lessee certain property in lieu of cash in exchange for a
definitive amortization to be paid to the lessor with profit margin included. Section 179 of the
NIRC, as amended, covers all debt instruments. Therefore, being a nature of an obligation, any
document, transaction or arrangement entered into under financial lease is subject to DST
under such Section of the NIRC, as amended. (RMC No. 46-2014)
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