ROBIN Corporation, a newly formed business entity organized under the Philippine laws, issued on December 8, 20

of stocks to one of its incorporators, Ms.  JOKER for P350,000. The par value of the shares issued amounted to P 3

1.  How much is the documentary stamp tax due  ?

Par value of issued shares 300,000

Divided by 200
Total 1,500
x DST rate 2
DST due 3,000

2.  Assuming the stocks issued are without par value, how much is the documentary stamp tax due ?

Issue price of issued shares 350,000

Divided by 200
Total 1,750
x DST rate 2
DST due 3,500

3.  The shares with par value were subsequently sold by Ms. JOKER for P500,000, how much is the doc

Par value of issued shares 300,000

Divided by 200
Total 1,500
x DST rate 1.5
DST due 2,250

4. The shares without par value were subsequently sold by Ms. JOKER for P500,000, how much is the d

DST on original issue 3,500

x DST rate 50%
DST due 1,750

Honor Pledge for Graded Assignm

"I affirm that I shall not give or receive any unauthorized help on this assignment and that all work shall be m
sued on December 8, 2021 shares
issued amounted to P 300,000.

ntary stamp tax due ?

0, how much is the documentary stamp tax ?

000, how much is the documentary stamp tax ?

ge for Graded Assignment

d that all work shall be my own"