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                    [ArticleID] => 198372
                    [Title] => SEC backs abolition of DST on stocks trading
                    [Summary] => The Philippine Stock Exchange (PSE) is pinning its hopes on a bill set to be filed this week at the Senate seeking to lower the transaction cost in stock trading.


Under the Omnibus Tax Bill, authored by Sen. Ralph Recto, the payment of the documentary stamp tax (DST) will be abolished for transactions in stocks, fixed income, mutual funds, derivatives, as well as securities borrowing and lending. 


                    [DatePublished] => 2003-03-10 00:00:00
                    [ColumnID] => 133272
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ELKINS

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                    [ArticleID] => 198372
                    [Title] => SEC backs abolition of DST on stocks trading
                    [Summary] => The Philippine Stock Exchange (PSE) is pinning its hopes on a bill set to be filed this week at the Senate seeking to lower the transaction cost in stock trading.


Under the Omnibus Tax Bill, authored by Sen. Ralph Recto, the payment of the documentary stamp tax (DST) will be abolished for transactions in stocks, fixed income, mutual funds, derivatives, as well as securities borrowing and lending. 


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abtest

SEC backs abolition of DST on stocks trading

March 10, 2003 - 12:00am

The Philippine Stock Exchange (PSE) is pinning its hopes on a bill set to be filed this week at the Senate seeking to lower the transaction cost in stock trading. Under the Omnibus Tax Bill, authored by Sen. Ralph...

Business