Other Percentage Taxes - Powerpoint

As a rule, value added tax (VAT) is imposed on every sale, barter, or exchange of goods or services and on importations. However, there are instances where the same does not apply because the transaction is subject to other percentage taxes (OPT) by nature. Find out the find lines of their distinctions in this presentation. You will likewise have an overview of documentary stamp tax (DST), excise tax, community tax certificates (CTC)

Opt extensive and overview of excise tax. dst and ctc.feb.2011

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Where to file real property's DST, CGT or CWT of LARGE taxpayers?

RR No. 5-2009 dated March 16, 2009 reverts back the venue for filing and payment of documentary stamp tax (DST) and capital gains tax (CGT) or creditable withholding taxes (CWT) relative to the transfer of real properties by LARGE TAXPAYERS to the Revenue District Office where the property is located. Accordingly, the CAR shall be issued by the RDO of property location upon satisfaction of the requirements. The previous venue was with the large taxpayer's division of the region or at the main office in certain cases.

This is more convenient for the taxpayers and the BIR as the RDO of location is expectedly more familiar with the details and circumstances of the property to be transferred.


"Taxes affect lives, care for tax and save lives"

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