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Consolidated Regulations Prescribing The Rules on The Taxation of Sale, Barter, Exchange or Other Disposition of Shares of Stock Held as Capital Assets

CONSOLIDATED REGULATIONS PRESCRIBING THE RULES ON THE TAXATION OF SALE, BARTER, EXCHANGE OR OTHER DISPOSITION OF SHARES OF STOCK HELD AS CAPITAL ASSETS

Revenue Regulations No. 6-2008 |

REPUBLIC OF THE PHILIPPINES
DEPARTMENT OF FINANCE
BUREAU OF INTERNAL REVENUE
Quezon City
April 22, 2008
 
REVENUE REGULATIONS NO. 6-2008
 
SUBJECT : CONSOLIDATED REGULATIONS PRESCRIBING THE RULES ON THE TAXATION OF SALE, BARTER, EXCHANGE OR OTHER DISPOSITION OF SHARES OF STOCK HELD AS CAPITAL ASSETS.
 
TO :  ALL INTERNAL REVENUE OFFICERS AND OTHERS CONCERNED.
 
 
SECTION 1. SCOPE. — Pursuant to Section 244, in relation to Sections 24(C), 25(A)(3), 25(B),27(D)(2), 28(A)(7)(c), 28(B)(5)(c), 34(D)(4)(5), 38, 40, and Section 127(A) and (B) of the 1997 National Internal Revenue Code (Tax Code), as amended, these...