REVENUE REGULATIONS (RR) NO. 019-2025
In relation to Republic Act (RA) No. 12214 or the “Capital Markets Efficiency Promotion Act”, these regulations prescribe to implement the new DST rates for and expand the list of documents and papers exempt from DST.
Effectivity: The revised rates apply to transactions made or accomplished on July 1, 2025, onwards.
| Description | Tax Code | Old Tax Rate | New Tax Rate | Tax Base |
| Original Issuance of Shares of Stock | Section 174 | ₱ 2.00 on each ₱200, or fractional part thereof | 75% of 1% | General Rule: The par value of such shares of stock. Exceptions:In the case of the original issuance without par value: upon actual consideration for the issuance of such shares of stock.In the case of stock dividends: on the actual value represented by each share |
| Bonds, Debentures, Certificates of Stock Indebtedness Issued in Foreign Countries | Section 176 | ₱1.50 on each ₱200, or fractional part thereof | 75% of 1% | The value of the transaction |
| Debt Instruments | Section 179 | ₱1.50 on each ₱200, or fractional part thereof | 75% of 1% | The issue price of the debt instrument; If term is less than 1 year: a proportional amount based in a ratio of its term to 365 days |
For multiple debt instruments (a promissory note, mortgage, security interest over personal property and other contracts) securing a single loan, one DST will be imposed to whichever instrument will yield the highest tax. Whereas, for multiple loans secured by a single instrument, the DST will be imposed on the full amount of the loans in the regard to subject such instrument to cover a single DST transaction.
Additional documents and papers exempt from DST:
- Sale, exchange, redemption, or other disposition of shares of stock listed and traded through a local or foreign stock exchange.
- Original issuance, redemption, or other disposition of shares in a mutual fund company.
- Issuance of certificate or other evidence of participation in a mutual fund or unit investment trust fund.