It refers to the excess of the cost over selling price of shares of stocks not listed in the Stock Exchange

Generally, sale of house and lot is subject to capital gains tax of 6% based on whichever is higher of gross selling price or zonal/assessed value

In sale of real property classified as capital asset or unlisted shares of stocks, the seller is required to report the capital gain in the Annual ITR

The rate of EWT for a VAT professional whose gross receipts is Php 1 Million

In donation of personal property, documentary stamp tax is to be paid also

All sale of shares of stocks should have to go through the BIR and obtain an e-CAR

All of the deadline of filing of returns and payment of taxes below are the same, EXCEPT

Commissions received by employee from his employer are subject to:

All are quarterly filing, except:

In case of expropriation by the government of the real property classified as capital asset of a taxpayer, the sale is exempted from capital gains tax

Exemption from capital gains tax on sale of principal residence is available

A GPP is subject to withholding tax rate of:

A deduction of Php250,000 is allowed in computing this kind of ONETT

Deadline of refund of over-withholding on COmpensation