The stock transaction tax will increase beginning January 2018 as part of the approved tax reform approved by Pres. Rodrigo Duterte.
In another article, we talked about various fees and charges applicable to stock transactions in the Philippines. (See Fees and Charges when trading PSE stocks) Before we give an example how these fees affect stock investors, let’s briefly recap what these costs and commissions are.
In the past, we’ve written several tutorial articles related to Stocks and Stock Trading for the benefit of those interested to venture into stock investing. You probably have learned by now: how much money is needed to invest in the stock market; how profits are made in stock investing;