Advisory on Decrease of Stock Transaction Tax (STT)
Please be informed that under Section 17 of Republic Act No. 12214, also known as the “Capital Markets Efficiency Promotion Act” or “CMEPA”, the stock transaction tax (“STT”) was decreased from six-tenths of one percent (6/10 of 1%) to one-tenths of one percent (1/10 of 1%) of the gross selling price or gross value in money of the shares of stock sold, exchanged, or otherwise disposed.
Section 29 of CMEPA states that the law shall take effect on July 1, 2025, following its complete publication in the Official Gazette or in at least one (1) newspaper of general circulation.
On the premise that publication of CMEPA will be completed before July 1, 2025, the STT of one-tenths of one percent (1/10 of 1%) shall apply to transactions through the Exchange made on July 1, 2025 onwards.
Sales Tax
| Current | 0.60% |
| New (effective on July 1, 2025) | 0.10% |
Please be guided accordingly.
Source: PSE Website under CN – No. 2025-0026 (published on June 11, 2025)
