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                    [ArticleID] => 190261
                    [Title] => Stockbrokers revert to payment of 10% VAT
                    [Summary] => Stockbrokers have reverted back to the payment of the 10-percent value-added tax (VAT) on their brokering services, replacing the seven-percent gross receipts tax (GRT) charged since April 2001.


In a memorandum to brokers, Philippine Stock Exchange general counsel Zayber Protacio said the shift took effect last Jan. 1, 2003, in line with the provision under Republic Act 9010.


                    [DatePublished] => 2003-01-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
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ZAYBER PROTACIO

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                    [ArticleID] => 190261
                    [Title] => Stockbrokers revert to payment of 10% VAT
                    [Summary] => Stockbrokers have reverted back to the payment of the 10-percent value-added tax (VAT) on their brokering services, replacing the seven-percent gross receipts tax (GRT) charged since April 2001.


In a memorandum to brokers, Philippine Stock Exchange general counsel Zayber Protacio said the shift took effect last Jan. 1, 2003, in line with the provision under Republic Act 9010.


                    [DatePublished] => 2003-01-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
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Stockbrokers revert to payment of 10% VAT

By Christina Mendez | January 4, 2003 - 12:00am

Stockbrokers have reverted back to the payment of the 10-percent value-added tax (VAT) on their brokering services, replacing the seven-percent gross receipts tax (GRT) charged since April 2001. In a memorandum...

Business