BusinessWorld E-paper
June 13, 2025
THE Philippine Stock Exchange, Inc. (PSE) is set to implement the lower stock transaction tax (STT) starting July 1 following the recent signing of Republic Act No. 12214 or the Capital Markets Efficiency Promotion Act (CMEPA).
“On the premise that publication of CMEPA will be completed before July 1, the STT of onetenth of 1% shall apply to transactions through the exchange made on July 1 onwards,” PSE President and Chief Executive Officer Ramon S. Monzon said in a document dated June 11 uploaded on the market operator’s website.
