CAPITAL GAINS TAX

Gain on the Sale, Exchange, and other disposition of Domestic Stocks directly to buyer

- 5% Net Gain up to P100, 000 and

- 10% CGT Excess Net Gain Above

Selling Price P xxx

Less:
Basis of stocks disposed P xxx
Selling expenses xxx
Doc. Stamp tax on sale xxx xxx
Net Capital Gain(Loss) P xxx

Sales, Exchange and other disposition of Real Property in the Philippines

- 6% CGT of the Selling Price or the Fair Value (higher between the Zonal Value prescribed by
BIR and Assessed Value prescribed by the City or /municipal Assessor’s Office), whichever is
higher.

- For Lands, highest of the SP (Bid price), zonal value, or assessed value.

Gains from other capital assets- RIT