2 days ago
Lower stock trading tax takes effect July 1, 2025
Stock market investors and traders could look forward to increased earnings as the legislated cut in Stock Transaction Tax (STT) would take effect next month.
In an advisory, the Philippine Stock Exchange Inc. (PSE) said the Republic Act No. 12214 or the Capital Markets Efficiency Promotion Act (CMEPA), which slashed the STT from 0.6% to 0.1%, would be in effect on July 1, 2025.
With this, the PSE said that 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.'
The STT is applied on the gross selling price or gross value in money of the shares of stock sold, exchanged, or disposed of.
The reduced STT rate of 0.1% would mean that for every P1,000 of listed shares disposed or sold, the tax would be lower at P1, instead P6 under the previous rate. — BAP, GMA Integrated News
