New General Information Sheet (GIS) Form 2019

Security and Exchange Commission (SEC) has announced the use of the new General Information Sheet (GIS) that effective March 01, 2019 the agency will only accept the new GIS form which includes the beneficial ownership.

The new GIS form can be downloaded from the SEC website at the following link: http://www.sec.gov.ph/reportorial-requirements/corporationswith-primary-licenses-2/ 

eBIRForms Package v7.3 is now available for download

Few days ago, the bureau recently announced the new updates of Offline eBIRForms Package from eBIRForms Package v7.2.1 to eBIRForms Package v7.3. 

The new updates includes BIR Form No. 1601Cv2018 (Monthly Remittance Return of Income Taxes Withheld on Compensation), BIR 1602Qv2018 (Quarterly Remittance of Final Income Taxes Withheld on Interest Paid on Deposits Substitutes/Trust/Etc. and BIR 1603Qv2018 (Quarterly Remittance Return of Final Income Taxes Withheld on Fringe Benefits Paid to Employees Other Than Rank and File).

To download the Offline eBIRForms Package v7.3, please click below

http://ftp.pregi.net/bir/ebirforms_package_v7.3.zip

eBIRForms Package v7.2.1 is now available for download

The bureau recently announced the new updates of Offline eBIRForms Package from eBIRForms Package v7.2 to eBIRForms Package v7.2.1. 

The new updates includes BIR Form No. 1601Cv2018 (Monthly Remittance Return of Income Taxes Withheld on Compensation), BIR 1602Qv2018 (Quarterly Remittance of Final Income Taxes Withheld on Interest Paid on Deposits Substitutes/Trust/Etc. and BIR 1603Qv2018 (Quarterly Remittance Return of Final Income Taxes Withheld on Fringe Benefits Paid to Employees Other Than Rank and File).

To download the Offline eBIRForms Package v7.2.1, (new version) please click below

http://ftp.pregi.net/bir/ebirforms_package_v7.2.1.zip 

Guidelines and Procedures for the Processing of the Request for Tax Exemption of Hybrid or Purely Electric Vehicles by the DOE

Revenue Regulations (RR) No. 24-2018 was issued by the bureau amending Section 9 of RR No. 25-2003 Relative to the Determination by the Department of Energy Whether the Automobiles Subject to Excise Tax Exemption are Hybrid or Purely Electric Vehicles pursuant to the Provisions of Republic Act No. 10963, Otherwise known as the "Tax Reform for Acceleration and Inclusion (TRAIN) Law".

SECTION 2. Purpose of Regulations - The purpose of these Regulations is to amend/revise the guidelines and procedures for the processing of the request for tax exemption of Hybrid or Purely Electric Vehicles by the DOE, consistent with the objective of promoting the ease of doing business and efficient delivery of government service under Republic Act (RA) No. 11032. During the inter-agency consultation called by the DOE with representatives from BIR, DOF and BOC, the DOE proposed that the BIR could use as a basis the current Department of Environment and Natural Resources (DENR) system of issuing a Certificate of Conformity (COC) for new motor vehicles in determining with high level of confidence the vehicle classification as Hybrid or Purely Electric Vehicles (HEV/EV) as defined under RA No. 10963. The actual inspection or separate validation of vehicle by the DOE to verify whether the automobile is an HEV/EV is a clear duplication of an existing DENR issuance of COC for new locally manufactured or imported vehicles.

SECTION 3. Further Amending Section 9(E) of RR. No. 25-2003 - Section 9(E) of RR No. 25-208 is further amended to read as follows:

"SEC. 9. TAX-EXEMPT REMOVALS OF AUTOMOBILES. The following removals of locally manufactured/assembled or release of imported automobiles from the place of production or from customs custody, respectively, are exempt from the payment of the appropriate excise taxes subject to certain conditions.

A. XXX

                                                    XXX     XXX     XXX

E. Purely Electronic Vehicles shall be exempt from the Excise Tax on Automobiles, Hybrid Vehicles shall be subject to Fifty Percent (50%) of the applicable Excise Tax Rates on Automobiles. Prior to the removal of the automobiles from the manufacturing plant or customs custody, the Commissioner of Internal Revenue (CIR), Attention: Chief, Excise Large Taxpayer Regulatory Division (ELTRD) shall require from the Motor Vehicle Manufacturer/Assembles/Importer the Presentation/Submission for the Certificate of Conformity (COC) issued by the DENR-Environment Management Bureau (EMB) which contains information of the vehicle's model/make and other Technical Specification/Information, including the corresponding classification on Fuel Feed from which it can be ascertained whether the Vehicle is a Hybrid Electric Vehicle (HEV).

In case the Subject of the Application for COC is a Purely Electric Vehicle (EV), a Certificate Of Non-coverage (CONC), TNSTEAD of COC, shall be presented to the ELTRD by the Manufacturer/Assembler/Importer, stating therein that the Vehicle applied for COC is a Purely Electric Vehicle (EV) and has no Tailpipe Emission and therefore not covered RA No. 8749 (PHILIPPINES CLEAN AIR Act).

The BIR shall make a determination whether the EV or HEV is Exempt from Excise Tax or Subject to 50% Excise Tax, respectively, on the Basis of the CONC or COC issued by the DENR-EMB as presented by the Manufacturer/Assembler/Importer.

For purposes of validating the Authenticity of the COC OR CONC presented by the Vehicle Manufacturer/Assembler/Importer, The DENREMB shall provide the BIR a Certified True Copy of the COC AND CONC issued to the Manufacturer/Assembler/Importer for New Locally Manufactured or Imported HEV OR EV.

Please refer: https://www.bir.gov.ph/images/bir_files/internal_communications_1/Full%20Text%20RR%202018/RR%20No%2024-2018.pdf

Authorized BIR Facilites for Electronic Tax Filing and Payment

The bureau has issued a memo with regards of the authorized BIR facilities for Electronic Tax Filing and Payment as follows:

The Memorandum is dated April 06, 2018.

Please refer https://www.bir.gov.ph/images/bir_files/internal_communications_1/Advisory/advisory_April%206-eFPS.pdf of the full text of Memorandum.

eBIRForms Package v7.2 is now available for download

In line of the TRAIN Law, the bureau recently announced the new updates of Offline eBIRForms Package from eBIRForms Package v7.1 to eBIRForms Package v7.2. 

The new updates includes BIR Form No. 1601Cv2018 (Monthly Remittance Return of Income Taxes Withheld on Compensation), BIR 1602Qv2018 (Quarterly Remittance of Final Income Taxes Withheld on Interest Paid on Deposits Substitutes/Trust/Etc. and BIR 1603Qv2018 (Quarterly Remittance Return of Final Income Taxes Withheld on Fringe Benefits Paid to Employees Other Than Rank and File).

To download the Offline eBIRForms Package v7.2, please click below

http://ftp.pregi.net/bir/ebirforms_package_v7.2.zip

To download the Offline eBIRForms Package v7.2.1, (new version) please click below

http://ftp.pregi.net/bir/ebirforms_package_v7.2.1.zip 

To download the Offline eBIRForms Package v7.3, (new version) please click below

http://ftp.pregi.net/bir/ebirforms_package_v7.3.zip

The Importance of the Mandatory Statutory Requirement and Function of a Letter of Authority

The bureau has issued Revenue Memorandum Circular (RMC) No. 75-2018  to highlight the doctrinal rule enunciated by the Supreme Court in the case of "Medicard Philippines, Inc. vs. Commissioner of Internal Revenue" (G. R. No. 222743, 05 April 2017) on the mandatory statutory requirement of a Letter of Authority (LOA), for the guidance of all concerned, particularly internal revenue officers tasked with assessment and collection functions and review of disputed assessments.

The summary of judicial ruling is stated as follows:

The judicial ruling , involving a specific statutory' mandate, states that no assessments can be issued or no assessment functions or proceedings can be done without the prior approval and authorization of the Commissioner of Internal Revenue (ClR) or his duly authorized representative, through an LOA. The concept of an LOA is therefore clear and unequivocal . Any tax assessment issued without an LOA is a violation of the taxpayer's right to due process and is therefore "inescapably void."

The Court further emphatically clarified that :

1. The circumstances contemplated under Section 6 of the National Internal revenue Code (NIRC) , as amended, "where the taxpayer may be assessed through best evidence obtainable , inventory-taking or surveillance, among others, have nothing to do with the LOA. These are simply methods of examining the taxpayer in order to arrive at the correct amount of taxes. Hence unless undertaken by

the CIR himself or his duly authorized representatives, other tax agents may not validly conduct any of these kinds of examinations without prior authority."

2. A Letter Notice (LN)" is entirely different and serves a different purpose than an LOA". It is not found in.the NIRC and is not an authority to conduct an audit or examination of the taxpayer leading

to the issuance of deficiency assessments . Due process demands that after an LN has served its purpose , the revenue officer should have properly secured an LOA before proceeding with the further examination and assessment of taxpayer.

To help forestall any unnecessary controversy and to encourage due observance of the judicial pronouncements, any examiner or revenue officer initiating tax assessments or performing assessment functions without an LOA shall be subject to appropriate administrative sanctions.

The provisions of any internal revenue issuance inconsistent herewith are hereby repealed, amended or modified accordingly.

Please refer: https://www.bir.gov.ph/images/bir_files/internal_communications_2/RMCs/2018/RMC%20No%2075-2018.pdf of the full text of RMC No. 75-2018.

Rates on the Excise Tax on Automobiles

Are you planning of investing or buying vehicle today or in the future? Do you consider if it's subject to tax or exempt from tax? May be it is also important to consider the tax matters and other legal transactions in investing or purchasing vehicle.

Few months ago, the bureau has issued Revenue Regulations (RR) No. 5-2018 implementing the Adjustment of Rates on the Excise Tax on Automobiles pursuant to the Provisions of Republic Act No. 10963, otherwise known as the "Tax Reform for Acceleration and Inclusion (TRAIN) Law" amending for the purpose RR No. 25-2003 as follows:

SEC. 3. Section 4 of RR No. 25-2003 is hereby amended as follows:

"SEC. 4. - RATES AND BASES OF THE AD VALOREM TAX ON AUTOMOBILES. There shall be levied, assessed and collected ad valorem tax on automobiles based on the manufacturer's/assembler's or importer's selling price, net of excise tax and value-added tax, in accordance with the following schedule, EFFECTIVE JANUARY 1, 2018:

NET MANUFACTURER'S                                      TAX RATE

PRICE/ IMPORTER'S SELLING

PRICE

UP TO SIX HUNDRED                                              FOUR PERCENT (4%)

THOUSAND PESOS (P600,000.00)

OVER SIX HUNDRED                                              TEN PERCENT (10%)

THOUSAND PESOS (P600,000.00)

TO ONE MILLION PESOS

(P1,000,000.00)

OVER ONE MILLION PESOS                                  TWENTY PERCENT (20%)

(P1,000,000.00) TO FOUR

MILLION PESOS (P4,000,000.00)

OVER FOUR MILLION PESOS                                FIFTY PERCENT (50%)

(P4,000,000.00)

PROVIDED, THAT HYBRID VEHICLES SHALL BE TAXED AT FIFTY PERCENT (50%) OF THE APPLICABLE EXCISE TAX RATES ON AUTOMOBILES SUBJECT TO THE CONDITIONS IN SECTION 9(E) OF THIS REGULATIONS: PROVIDED, FURTHER, THAT IN THE CASE OF IMPORTED AUTOMOBILES NOT FOR SALE, THE TAX IMPOSED HEREIN SHALL BE BASED ON THE TOTAL LANDED VALUE, INCLUDING TRANSACTION VALUE, CUSTOMS DUTY AND ALL OTHER CHARGES."

It also stated in the regulations of vehicles exempt from the excise tax on automobiles as follows:

SEC. 4. Section 9 is hereby amended as follows:

"SEC. 9. TAX-EXEMPT REMOVALS OF AUTOMOBILES. The following removals of locally manufactured/assembled or release of imported automobiles from the place of production or from customs' custody, respectively, are exempt for the payment of the appropriate excise taxes subject to certain conditions.

a. xxx 

xxx xxx xxx 

E. PURELY ELECTRIC VEHICLES SHALL BE EXEMPT FROM THE EXCISE TAX ON AUTOMOBILES. HYBRID VEHICLES SHALL BE SUBJECT TO FIFTY PERCENT (50%) OF THE APPLICABLE EXCISE TAX RATES ON AUTOMOBILES. PRIOR TO THE REMOVAL OF THE AUTOMOBILES FROM THE MANUFACTURING PLANT OR CUSTOMS CUSTODY, THE DEPARTMENT OF ENERGY (DOE) SHALL DETERMINE WHETHER THE AUTOMOBILES ARE HYBRID VEHICLES OR

PURELY ELECTRIC VEHICLES, AND FURNISH THE COMMISSIONER OF INTERNAL REVENUE, ATTENTION: CHIEF EXCISE LARGE TAXPAYERS REGULATORY DIVISION (ELTRD), CERTIFIED COPIES OF THE RESULTS OF SUCH EXAMINATION OR ENDORSEMENT TO THAT EFFECT. 

F. PICK-UPS."

Please refer: https://www.bir.gov.ph/images/bir_files/internal_communications_1/Full%20Text%20RR%202018/RR%20No.%205-2018.pdf of the full tax of RR No. 5-2018.

Use of Invoices / Receipts Registered from VAT to Non-VAT

Who else wants to know the guidelines of the Use of Invoices / Receipts Registered from VAT to Non-VAT?

Revenue Regulations (RR) No. 13-2018 was issued by the bureau amending RR No. 13-2018 Particularly on the Use of Invoices / Receipts of Previously Registered VAT Taxpayers who are now Non-VAT Taxpayers Pursuant to Section 84 of Republic Act (RA) No. 10963, or the "Tax Reform for Acceleration and Inclusion (TRAIN) Law".

It is stated in these regulations to read as follows:

SECTION 2. AMENDED. - Section 13 of RR No. 13-2018 is hereby amended providing deadline on the use of stamped Non-VAT invoices/receipts to read as follows:

"SECTION 13. TRANSITORY PROVISIONS. - 

XXX           XXX          XXX

A number of unused invoices/receipts, as determined by the taxpayer with the approval of the appropriate BIR Office, may be allowed for use, provided the phrase "Non-VAT registered as of (dated of final application for updated of registration). Not valid for claim of input tax." shall be stamped on the face of each and every copy thereof, until new registered non-VAT invoices or receipts have been printed and received by the taxpayer or until August 31, 2018, whichever comes first. Upon receipt of newly-printed registered non-VAT invoices or receipts, the taxpayer shall submit, on the same day, a new inventory list of, and surrender for cancellation, all unused previously-stamp invoices/receipts.

Please refer: https://www.bir.gov.ph/images/bir_files/internal_communications_1/Full%20Text%20RR%202018/RR%20No.%2019-2018.pdf of the full text of RR No. 13-2018.

Documentary Stamp Tax Rate Adjustment Under Republic Act No. 10963

Do you consider the importance of knowing the Documentary Stamp Tax (DST) Rate when doing transactions related to business? For me, it is necessary, to avoid circumstances that cause delays of the process of doing business. Besides, it's part for the growth and success of the business operations in the private and public business community.

Revenue Regulations (RR) No. 4- 2018 was issued by the bureau to implement the Documentary Stamp Tax Rate Adjustment Under Republic Act No. 10963, Otherwise Known as the "Tax Reform For Acceleration and Inclusion (TRAIN) Law" to read as follows: 

SEC. 2. NEW RATE OF DST ON ORIGINAL ISSUE OF SHARES OF STOCKS. - 

"SEC. 174. Stamp Tax on Original Issue of Shares of Stock - On every original issue. whether on organization. reorganization or for any lawful purpose, of shares of stock by any association, company. or corporation. there shall be collected a documentary stamp tax of two pesos (P2.00) on each Two hundred pesos (P200). or fractional part thereof. of the par value, of such shares of stock: Provided, That in the case of the original issue of shares of stock without par value. the amount of the documentary stamp tax herein prescribed shall be based upon the actual consideration for the issuance of such shares of stock: Provided, further, that in the case of stock dividends. on the actual value  presented by each share." 

The rate of DST on the original issue of shares has been increased from One peso (P1.00) to Two pesos (P2.00) on each Two hundred pesos (P200), or fractional part thereof, of the par value of such shares of stock.

SEC. 3. NEW RATE OF DST ON STAMP TAX ON SALES, AGREEMENTS TO SELL, MEMORANDA OF SALES, DELIVERIES OR TRANSFER OF SHARES OR CERTIFICATES OF STOCK. - 

"SEC' 175. Stamp Tax on Sales, Agreements to Sell, Memoranda of  Sales, Deliveries or Transfer of Shares or Certificates of Stock. - On all sales, or agreements to sell. or memoranda of sales. or deliveries or transfer of such securities by assignment in blank. or by delivery or by any paper or agreement. of memorandum or other evidences of transfer or sale whether entitling the holder in any manner to the benefit of such stock. or to secure the future payment of money, or for the future transfer of any stock, there shall be collected a documentary stamp tax of One peso and Fifty centavos (P1.50) on each Two hundred pesos (P200), or fractional part thereof. of tire par value of such stock: Provided. That only one tax shall be collected on each sale or transfer of stock from one person to another, regardless of whether or not a certificate of stock or obligation is issued. indorsed, or delivered in pursuance of such sale or transfer: and Provided, further. That in the case of stock without par value the amount of the documentary stamp tax herein prescribed shall be equivalent to Fifty percent of the documentary stamp tax paid upon the original issue of said stock." 

The rate of DST on sales, agreements to sell, rnemoranda of sales, deliveries or transfer of shares or certificates of stock has been increased from Seventy-five centavos (P0.75) to One peso and fifty centavos (P1.50) on each Two hundred pesos (P200), or fractional part thereof, of the par value of such stock. In case of stocks without par value, the DST shall be equivalent to Fifty, percent (50%) of the DST paid upon the original issue of said stock.

SEC. 4, NEW RATE OF DST ON CERTIFICATES OF PROFITS OR INTEREST IN PROPERTY OR ACCUMULATIONS. - 

"SEC. 177. Stamp Tax on Certificates of Profits or Interest in Property or Accumulations. - On all certificates of profits. or any certificate or memorandum showing interest in the property or accumulations of any association. company or corporation, and on all transfers of such certificates or memoranda. there shall be collected a documentary stamp tax of One peso (P1.00) on each Two hundred pesos, or fractional part thereof, of the face value of such certificates or memorandum." 

The rate of DST on the Certificates of Profits or Interest in Property or Accumulations has been increased from Fifty centavos (P0.50) to One pesos (P1.00) on each Two hundred pesos, or fractional part thereof, of the face value of such certificates or rnemorandum

SEC. 5. NEW RATE OF DST ON BANK CHECKS, DRAFTS, CERTIFICATES OF DEPOSIT NOT BEARING INTEREST, AND OTHER INSTRUMENTS. - 

"SEC. 178. Stamp Tax on Bank Checks, Drafts, Certificates of Deposit not Bearing Interest, and Other Instruments. - On each bank client. draft of certificate of deposit not drawing interest. or order for the payment of any sum of money drawn upon of issued by any bank, trust company. or any person or persons. companies or corporations. at sight or on demand, there shall be collected a documentary stamp tax of Three pesos (P3.00)." 

The rate of DST on bank checks, drafts, certificates of deposit not bearing interest, and other instruments has been increased from One peso and Fifty centavos (P1.50) to Three pesos (P3.00)." The rate of DST on bank ch drafts, certificates of deposit not bearing interest, attd other instruments has beerr increased fi"om One peso and Fifty centavos (P1.50) to Three pesos (P3.00)."

SEC. 6. NEW RATE OF DST ON ALL DEBT INSTRUMENTS. -

 "SEC. 179. Stamp Tax on ALL Debt Instruments. -

On every original issue of debt instruments. there shall be collected a documentary stamp tax of One peso and Fifty centavos (P1.50) otr each Two hundred pesos (P200.00). or fractional part threreof, of the issue price of any such debt instruments: Provided. that for such debt instruments with terms of less than one ( 1) year, the documentary stamp tax to be collected shall  be of a proportional amount in accordance with the ratio of its term in number of days to three hundred sixty-five (365) days: Provided, further. That only one documentary, stamp tax shall be imposed on either loan agreement. or promissory notes issued to secure such loan.

 xxx" 

The rate of DST on all debt instruments is increased from One peso (P1.00) to One

peso and Fifty centavos (P1.50) on each Two hundred pesos (P200.00), or fractional part

thereof, of the issue price of any such debt instruments.

SEC. 7. NEW RATE ON ALL BILLS OF EXCHANGE OR DRAFTS. -

"SEC. 180.Stamp Tax on All Bills Exchange or Drafts. - On all bills of exchange (between points within the Philippines) or drafts. there shall be collected a documentary stamp tax of Sixty, centavos (P0.60) on each Two hundred pesos (P200.00) or fractional part thereof, of the face value of any such bill of exchange or draft." The rate of DST on all bills of exchange or drafts has been increased from Thirty, centavos (P0.30) to Sixty centavos (P0.60) on each Two hundred pesos (P200.00) or fractional part thereof. of the face value of any such bill of exchange or draft.

SEC. 8. NEW RATE OF DST UPON ACCEPTANCE OF BILLS OF EXCHANGE AND OTHERS. -

"SEC. 181 . Stamp Tax Upon Acceptance o.f Bills of Exchange and Others. - Upon any acceptance of payment of any bill of exchange or order for the payment of money purporting to be drawn in a foreign country but payable in the Philippines, there shall be collected a documentary stamp tax of Sixty centavos (P0.60) on each Two hundred pesos (P200) or fractional part thereof, of the face value of any such bill of exchange, or order, of the Philippine equivalent of such value. if expressed in foreign currency."

The rate of DST on acceptance of bills of exchange and others all bills of exchange or drafts has been increased from Thirty centavos (P0.30) to Sixty centavos (P0.60) on each Two hundred pesos (P200.00) or fractional part thereof, of the I'ace value of any such bill of exchange or draft, or the Philippine equivalent of such value, if expressed in foreign currency.

SEC. 9. NEW RATE OF DST ON FOREIGN BILLS OF EXCHANGE AND LETTERS OF CREDIT. -

"SEC. 182. Stamp Tax on Foreign Bills of Exchange and Letters of Credit. - On all foreign bills of exchange and letter of credit (including orders. by telegraph or otherwise, for the payment of money issued by express or steamship companies or by any person or persons) drawn in but payable out of the Philippines in a set of three (3) or more according to the custom of merchants and bankers. there shall be collected a documentary stamp tax of Sixty centavos (P0.60) on each Two hundred pesos (P200). or fractional part thereof of the face value of any such bill of exchange or letter or credit,

or the Philippine equivalent of such face value in foreign currency."

The rate of DST on all bills of exchange or drafts has been increased from Thirty centavos (P0.30) to Sixty centavos (P0.60) on each Two Hundred of fractional thereof, of the face value of any such bill of exchange or letter of credit, or the Philippine equivalent of such face value, if expressed in foreign currency.

SEC. 10. NEW RATE OF DST ON LIFE INSURANCE POLICIES. - 

'SEC. 183. Stamp Tan on Life Insurance Policies - On all policies of insurance or other instruments by whatever name the same may be called, whereby any insurance shall be made or renewed upon any life or lives, there shall be collected a one-time documentary stamp tax at the following rates:

If the amount of it.insurance does not exceed P100,000      Exempt

If the amount of insurance exceeds 

     P100.000 but does not exceed P300,000     P20.00

If the amount of insurance exceeds

     P300,000 but does not exceed P500,000     P50.00

If the amount of insurance exceeds

     P500,000 but does not exceed P750,000     P100.00

If the amount of insurance exceeds

     P750,000 but does not exceed P1,000,000     P150

If the amount of insurance exceeds P1,000,000     P200.00"

The rates of DST on life insurance policies have been doubled.

SEC. 11. NEW RATE OF DST ON POLICIES OF ANNUITIES AND PRE-NEED PLANS. - 

"SEC. 186. Stamp Tax on Policies of Annuities and Pre-Need Plans. - On all policies of annuities, or other instruments by whatever name the same may be called, whereby an annuity may be made, transferred or redeemed, there shall be collected a documentary stamp tax of One peso (P1.00) on each Two hundred pesos (P200), or fractional part thereof, of the premium or contribution collected."

The rate of DST on annuities has been increased from Fifty centavos (P0.50) to One peso (P1.00) on each Two hundred pesos (P200), or fractional part thereof, of the premium or installment payment on contract price collected. Pre-need are now taxed at Forty centavos (P0.40) from the previous rate of Twenty centavos (P0.20).

SEC. 12. NEW RATE OF DST ON CERTIFICATES. -

"SEC. 188. Stamp Tax on Certificates. - On each certificate of damage or otherwise, and on every other person acting as such, and on each certificate issued by a notary public, and on each certificate of any description required by law or by rules or regulations of a public office, or which is issued for the purpose of giving information, or establishing prof of a fact, and not otherwise specified herein, there shall be collected a documentary stamp tax of  Thirty pesos (P30.00)."

The rate of DST on certificates has been increased from Fifteen pesos (P15.00) to Thirty pesos (P30.00).

SEC. 13. NEW RATE OF DST ON WAREHOUSE RECEIPTS. -

"SEC. 189. Stamp Tax on Warehouse Receipts. - On each warehouse receipt for property held in storage in a public or private warehouse or yard for any person other than proprietor of such warehouse or yard, there shall be collected a documentary stamp tax of Thirty pesos (P30.00); Provided, That no tax shall be collected on each warehouse receipt issued to any one person in any one calendar month covering property the value of which does not exceed Two hundred pesos (P200)."

The rate of DST on warehouse receipts has been increased from Fifteen pesos (P15.00) to Thirty pesos (P30.00).

SEC. 14. NEW RATE OF DST ON JAI--ALA-, HORSE RACE, TICKETS, LOTTO, OR OTHER AUTHORIZED NUMBERS GAMES. -

"SEC. 10. Stamp Tax on Jai-alai, Horse Race, Tickets, Lotto, or Other Authorized Number Games. - On each jai-alai, horse race ticket, lotto or other authorized numbers games, there shall be collected a documentary stamp tax of Twenty centavos (P0.20): Provided, That if the cost of the ticket exceed One peso (P1.00), an additional tax of Twenty centavos (P0.20) on every One peso (P1.00), or fractional part thereof, shall be collected."

The rate of DST on jai-alai, horse race, tickets, lotto, or other authorized number game has been increased from Ten centavos (P0.10) to Twenty centavos (P0.20); and if the cost of ticket exceeds One pesos (P1.00), the additional tax has been increased from Ten centavos (P0.10) to Twenty centavos (P0.20) on every One peso (P1.00), or fractional part thereof.

SEC. 15. NEW RATE OF DST ON BILLS LADING OR RECEIPTS - 

"SEC. 191. Stamp Tax on bills of Lading or Receipts. - On each set of bills of lading or receipts (except charter party) for any goods, merchandise, or effects shipped from one port, there shall be collected a documentary stamp tax of Two pesos (P2.00), if the value of such goods exceeds One hundred pesos (P100) and does not exceed One thousand pesos (P1,000); Twenty pesos (P20.00), if the value exceeds One thousand pesos (P1,000): Provided, however, That freight tickets covering goods, merchandise or effects carried as accompanied baggage of passengers on land and water carriers primarily engaged in the transportation of passengers are hereby exempt."

The rate of DST on each bill of lading or receipt has been increased from One pesos (P1.00) to Two pesos (P2.00), if the value of goods exceeds One hundred pesos (P100) and does not exceed One thousand pesos (P1,000); and the rate of DST has been increased from One thousand pesos (P1,000).