More On Documentary Stamp Tax (DST) On Real Estate Transactions

Friday, May 29th, 2009 at 11:00 pm  
Comments (10)
There 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 mortgages, and there are also exemptions from DST. For this post, aside from discussing these, I will also discuss the deadline date and venue for filing the DST return. I will provide you as well with a blank DST form for your use and reference. Take note that most of this post was actually written by my wife.

Read the rest of this entry

How To Easily Compute Documentary Stamp Tax (DST) On The Sale Of Real Properties

Tuesday, April 21st, 2009 at 10:46 pm  
Comments (6)

When 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 the Selling Price (SP) or Zonal Value (ZV), whichever is higher. To illustrate, I’ll reuse the example I used in my post about CGT.

Read the rest of this entry