TAX
Document Taxable Unit Tax Due/ % Taxable Base
Per Unit
Original Issue of Shares of Stock with P200.00 or fraction 2.00/ 1% Par value of shares of
par value thereof stocks
P200.00 or fraction Actual consideration for the issuance of
Original Issue of Shares of Stock without thereof 2.00/ 1% shares of stocks
par value
Actual value represented by each share
Stock Dividend P200.00 or fraction 2.00
thereof
Sales, Agreements to Sell, Memoranda P200.00 or fraction 1.50/ 0.75% Par value of such stock
of Sales, Deliveries or Transfer of Shares thereof
or Certificates of
Stock
DST paid upon the original issuance of said
Stock without par value 50% stock.
Bonds, Debentures, Certificate of Stock P200.00 or fraction .75 / .375% Par value of such bonds, debentures,
or Indebtedness issued in foreign thereof Certificate of Stock or Indebtedness
Countries
Certificate of Profits or Interest in P200.00 or fraction 1.00/ .5% Face value of such certificates /
Property or Accumulation thereof memorandum
Bank Checks, Drafts, Certificate of On each Document 3.00
Deposit not bearing interest and other
Instruments
All Debt Instruments P200.00 or fraction 1.50/ .75% Issue price of any such debt instruments
thereof or a fraction of 365 days for instrument
with term of less than 1 year
All Bills of Exchange or Drafts P200.00 or fraction .60/. 3% Face value of any such bill of exchange or
thereof draft
Acceptance of Bills of Exchange or P200.00 or fraction .60/. 3% Face value of such bill of exchange or
order for the payment of money thereof order or the Philippine equivalent of such
purporting to be drawn in a foreign value, if expressed in foreign currency
country but payable in the Philippines
Foreign Bills of Exchange and Letters of P200.00 or fraction .60/.3% Face value of such bill of exchange or letter
Credit thereof of credit or the Philippine equivalent of
such value, if expressed in foreign
currency
Life Insurance Policies If the amount of
insurance
does not exceed exempt Amount of Insurance
P100,000.00
If the amount of
insurance exceeds 20.00 Amount of Insurance
P100,000.00 but
does not exceed
P300,000.00
If the amount of
50.00 Amount of Insurance
insurance exceeds
P300,000.00 but
does not exceed
P500,000.00
100.00 Amount of Insurance
If the amount of
insurance exceeds
P500,000.00 but
does not exceed
P750,000.00
Policies Of Insurance upon Property P4.00 premium or .50/ 12.5 Premium charged
fraction thereof %
Fidelity Bonds and other Insurance P4.00 premium or .50/ 12.5 Premium charged
Policies fraction thereof %
Policies of Annuities or other P200.00 or fraction 1.00/.5% Premium or installment payment or
instruments thereof contract price collected
Premium or contribution collected
Pre-Need Plans P200.00 or fraction .40/.20%
thereof
Indemnity Bonds P4.00 or fraction .30/ 7.5% Premium charged
thereof
Certificates of Damage or otherwise Each Certificate 30.00
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
Warehouse Receipts (except if value Each Receipt 30.00
does not exceed P200.00)
Jai-alai, Horse Race Tickets, lotto or P1.00 and below cost .20/ 20% Cost of the ticket
Other Authorized Number Games of ticket
Cost of the ticket
Additional P0.20 on
every P1.00 or
fraction thereof if
cost of ticket
exceeds P1.00
Bills of Lading or Receipts(except If the value exceeds 2.00 Value of such goods
charter party) P100.00 and does
not exceed P1,000.00
If the value exceeds 20.00 Value of such goods
P1,000.00
Freight tickets
covering goods, Exempt
merchandise or
effects carried as
accompanied
baggage of
passengers on land
and water carriers
primarily engaged in
the transportation of
passengers
Proxies (except proxies issued affecting Each proxy 30.00
the affairs of associations or
corporations, organized for religious,
charitable or literary purposes)
Powers of Attorney (except acts Each Document 10.00
connected with the collection of claims
due from or accruing to the
Government of the Republic of the
Philippines, or the government of any
province, city or Municipality)
Leases and other Hiring agreements or First 2,000 or 6.00/ .3%
memorandum or contract for hire, use fractional part
or rent of any lands or tenements or thereof
portions thereof
For every P1,000 or 2.00/ .2%
fractional part
thereof in excess of
the first P2,000 for
each year of the term
of the said contract
or agreement
Mortgage or Pledge of lands, estate, or First 5,000 40.00/ .8 Amount Secured
property and Deeds of Trust %
On each P5,000 or Amount Secured
fractional part 20.00/ .4
thereof in excess of %
5,000
Deed of Sale, Conveyances, Donations First 1,000 15.00/ Consideration or Fair Market Value,
of 1.5% whichever is higher (if government is a
Real Property (except grants, patents party, basis shall be the consideration)
or original certificate of adjudication
issued by the government) For each additional Consideration or Fair Market Value,
P1,000 or fractional whichever is higher (if government is a
part thereof in 15.00/ party, basis shall be the consideration)
excess of P1,000 1.5%
Charter parties and Similar Instruments Charter parties and
similar instruments if
gross tonnage of the
ship, vessel or
steamer is: 1st 6 Registered gross tonnage
months
1,000 tons and below P1,000.00
In excess +
P 100.00
1st 6 Registered gross tonnage
months
1,001 to 10,000 tons P2,000.00
In excess +
P200.00
1st 6 Registered gross tonnage
months
Over 10,000 tons P3,000
In excess +
300
Stamp Tax on Assignments and At the same rate as that imposed on the original
Renewals or Continuance of Certain instrument.
Instruments
