Blog Posts on documentary stamp tax

E-VAT and Closing Fee: what catch many first time real estate buyers by surprise by Philippine Real Estate and Construction on Jul 1, 2011This post is meant for those who are planning to buy, for the first time, real estate properties from developers, whether it’s a lot, a house and lot package or a condominium unit. Many first time buyers have this notion that buying from a develope...

Real estate taxes and fees in the Philippines by Pinoy Money Talk on Jun 15, 2011When buying and selling real estate properties in the Philippines, the final purchase price is not the only relevant amount. Other taxes and fees charged on the transaction must be considered by both the buyer and seller because these costs affect th...

TITULO LOCO by Batas Para sa Mahirap...Umintindi on Nov 7, 2010Sigurado ka na sa lupang bibilhin. Malinis ang titulo ayon sa Register of Deeds, tama ang description ayon sa land surveyor at ang nagbebenta ay ang may-ari o awtorisado ng may-ari ng lupa Ano ang sunod mong gagawin? Syempre hahawakan (possess) mo na...

How to compute your Time Deposit income by Pinoy Money Talk on Feb 28, 2010We recently received an email from one of our readers asking how to determine the interest earnings on his time deposit account. In response, we explain below how exactly it’s being computed. Interest on a Peso Time Deposit account Let’s.

How to register a corporation in the Philippines (SEC) by BusinessAccent.com - Man, mind, marketing, money and manners on Sep 26, 2009So you have already decided to register a corporation? If you’re not yet sure, then you might need to read our article about the advantages and disadvantages of forming a corporation over sole proprietorship and partnership. But if you have already...

Roxas presses more teeth in OFW protection by Mar Roxas for President 2010 on Aug 19, 2009Liberal President Senator Mar Roxas called for stronger government protection for the estimated 10 million Filipinos working abroad, especially against abuse by their employers or host countries. At the same time, Roxas vowed to press for reforms in...

More On Documentary Stamp Tax (DST) On Real Estate Transactions by Foreclosed Real Estate Philippines on May 29, 2009There are different DST rates on different types of transactions. In my previous post on How to Easily Compute DST, I was referring to DST on the sale of real property. Please note that there is DST too on loan agreements, lease agreements, and mortg...

How To Easily Compute Documentary Stamp Tax (DST) On The Sale Of Real Properties by Foreclosed Real Estate Philippines on Apr 21, 2009When buying a foreclosed property, the buyer often shoulders the Documentary Stamp Tax (DST). In the Buena Mano Green Tag Foreclosed Property listings for example, it is explicitly stated that DST is for the account of the buyer and DST is 1.5% of th...

Getting Western Union-Adsense payments at BPI by Pinoy Money Talk on Feb 28, 2009Yesterday, I got my Google Adsense earnings via Western Union. For a change, though, I opted to pick up my payment at a branch of the Bank of the Philippine Islands (BPI). Yes, for those who do not know it yet, you can go to BPI or any other local ba...