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FOR THE BUYER:
Philippine Stock
Exchange (PSE) fees equivalent to 0.005% of the gross amount. Gross amount refers to the number of shares bought multiplied by the price
per share.
Securities Clearing Corporation of the Philippines (SCCP) fees equivalent to 0.01% of the gross amount.
Broker's Commission of 0.25% based on the total gross value of the shares purchased
or a minimum of Php20.00.
Value Added Tax (VAT) equivalent to 12% of the broker's commission.
To Illustrate:
Client buys 1,000 SMC-A shares at P50 (Par value is P5.00)
Gross Amount of his purchase is P50,000.
The applicable fees for this transaction are:
| Commissions(0.25% of P50,000) |
|
125.00 |
| VAT(12% of P125) |
|
15.00 |
| Transaction fees(0.005% of P50,000) |
|
2.50 |
| SCCP fees(0.01% of P50,000) |
|
5.00 |
| TOTAL BUYER FEES |
|
P147.50 |
FOR THE SELLER
Stock Transaction Tax (Final
Withholding Tax withheld by the Broker) equivalent to 0.5% of the gross selling proceeds.
Gross selling proceeds refer to total number of shares sold multiplied
by the price per share.
Transaction fees equivalent to 0.005% of the gross selling
proceeds bought.
Securities Clearing Corporation of the Philippines (SCCP) fees equivalent to 0.01% of the gross
selling proceeds.
Broker's Commission of 0.25% based on the total gross selling
proceeds
or a minimum of Php20.00.
Value Added Tax (VAT) equivalent to 12% of the broker's commission.
To Illustrate:
Client sells 1,000 SMC-A shares at P50 (Par value is P5.00)
Gross selling proceeds of his sale is P50,000.
The applicable fees for this transaction are:
| Commissions(0.25% of P50,000) |
|
125.00 |
| VAT(12% of P125) |
|
15.00 |
| Stock Transaction Tax(50,000 x 0.5%) |
|
250.00 |
| Transaction fees(0.005% of P50,000) |
|
2.50 |
| SCCP fees(0.01% of P50,000) |
|
5.00 |
| TOTAL SELLER FEES |
|
P397.50 |
Please visit our easy-to-use INTERACTIVE CALCULATORS
where you can try out many scenarios. Click the desired calculator and
key in the values for computation.
BUYER TOTAL FEES
SELLER TOTAL FEES
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