(To be filled up by the BIR)
DLN: PSIC:
Republika ng Pilipinas Percentage BIR Form No.
Kagawaran ng Pananalapi
Kawanihan ng Rentas Internas Tax Return
For Transactions Involving Shares of Stock Listed and Traded Through the Local
2552
July 1999 (ENCS)
Stock Exchange or Through Initial and/ or Secondary Public Offering
Fill in all applicable spaces. Mark all appropriate boxes with an “X”.
1 Date of Transaction or Date of Listing of 2 Amended Return? 3 Number of sheets attached
(MM/DD/YYYY) Shares of Stock in the Stock Exchange
Yes No
Part I Background Information
4 TIN 5 RDO Code 6 Telephone Number
7 Name of Stockbroker/Issuing Corporation (For Individual) Last Name, First Name, Middle Name/(For Non-Individual)Registered Name
8 Registered Address 8A Zip Code
9 Are you availing of tax relief under an International
Tax Treaty or Special Law?
Yes No If yes, specify
10 Kind of Transaction 10A Shares of Stock Listed and Traded through the LSE 10B Initial Public Offering Primary Secondar
y
11 For Initial Public Offering 11A No. of Shares Sold, Bartered, or Exchanged
11B Total Outstanding Shares of Stocks after Listing in the LSE
Part II Computation of Tax
Taxable Transaction ATC Taxable Base Tax Rate Tax Due
(Gross Selling Price/Gross Value)
12 Sale,Barter or Exchange of Shares 12A 12B 12C 1/2 of 12D
PT
of Stock Listed and Traded through the LSE
200 1%
13 Sale/Exchange of Shares of Stock 13A
PT
through Primary Public Offering
201 13D
up to 25% 13B 13C 4 %
over 25% but not over 13E 13F 2 % 13G
33 1/3%
over 33 1/3 % 13H 13I 1% 13J
14 Sale/Exchange of Shares of Stock 14A PT 202
through Secondary Public Offering
up to 25% 14B 14C 4% 14D
over 25% but not over 14E 14F 2% 14G
33 1/3%
over 33 1/3 % 14H 14I 1% 14J
15 Total Tax Due 15
16 Less: Tax Credits/Payments
16A Tax Paid in Return Previously Filed, if this is an Amended Return 16A
16B Creditable Tax Withheld Per BIR Form 2307 16B
16C Total Tax Credits/Payments (Sum of Items 16A & 16B) 16C
17 Total Tax Still Due/(Overpayment) (Item 15 less Item 16C) 17
18 Add:Penalties
Surcharge Interest Compromise
18A 26C 18D
18B 18C
19 Total Amount Payable/(Overpayment) (Sum of Items 17 & 18D)
19
If Overpayment, mark one box only:
To be Refunded To be issued a Tax Credit Certificate
Part III Summary of Transactions not subject to Tax
Transaction Classification Amount Involved
I declare, under the penalties of perjury, that this return has been made in good faith, verified by me, and to the best of my knowledge, and belief, is true and
correct, pursuant to the provisions of the National Internal Revenue Code, as amended, and the regulations issued under authority thereof.
20 21
Taxpayer/Authorized Agent Signature over Printed Name Title/Position of Signatory
Part IV Details of Payment
Drawee Bank/ Date Stamp of Receiving
Particulars Agency Number MM DD YYYY Amount Office and Date
22 Cash/Bank 22 of Receipt
Debit Memo
23Check 23A 23B 23C 23D
24 Tax Debit 24A 24B 24C
Memo
25 Others 25A 25B 25C 25D
Machine Validation/Revenue Official Receipt Details (If not filed with the bank)
BIR Form 2552 (ENCS) - PAGE 2
Details of Taxable Transactions (Attach additional sheets if necessary)
Date Seller Buyer Issuing Number of Taxable Base Rate Tax Due
Corporation Shares
Total
Details of Transaction not subject to Percentage Tax (Attach Additional Sheets if necessary)
Date Seller Buyer Issuing Corporation Number of Shares
BIR Form No. 2552 - Percentage Tax Return (For Transaction Involving Shares of Stock Listed and
Trade Through The Local Stock Exchange Or Through Initial and/or Secondary Public
Offering)
Guidelines and Instructions
Who Shall File (Including Tax Rate and Tax Base)
When and Where to Pay
This return shall be filed in triplicate by the following taxpayers: Upon filing this return, the total amount payable shall be paid to the
1. Every stock broker, who effected a sale, barter, exchange or other Authorized Agent Bank (AAB) where the return is filed, which bank is
disposition of shares of stock listed and traded through the Local Stock situated within the jurisdiction of the Revenue District Office (RDO) where
Exchange (LSE) other than the sale by a dealer in securities, subject to a the Local Stock Exchange is located.
tax rate of one-half of one percent (1/2 of 1%) of the gross selling price Where the return is filed with an AAB, the lower portion of the return
or gross value in money of the stock sold, bartered or exchanged or must be properly machine-validated and stamped by the Authorized Agent
otherwise disposed, which tax shall be shouldered by the Bank to serve as the receipt of payment. The machine validation shall reflect
seller/transferor. the date of payment, amount paid and transaction code, and the stamped mark
shall show the name of the bank, branch code, teller's code and teller's initial.
2. A corporate issuer, engaged in the sale, exchange or other disposition The AAB shall also issue an official receipt or bank debit advice or credit
through Initial Public Offering (IPO) of shares of stock in closely-held document, whichever is applicable, as additional proof of
corporations at the rates provided hereunder based on the gross selling payment.
price or gross value in money of the shares of stock sold, bartered,
exchanged or otherwise disposed in accordance with the proportion of Definition of Terms
shares of stock sold, bartered, exchanged or otherwise disposed to the Closely Held Corporation means any corporation at least fifty percent
total outstanding shares of stock after the listing in the local stock (50%) in value of the outstanding capital stock or at least fifty percent (50%)
exchange: of the total combined voting power of all classes of stock entitled to vote is
Up to 25% 4% owned directly or indirectly by or for not more than twenty (20) individuals.
Over 25% but not over 33 1/3% 2%
Over 33 1/3% 1% Penalties
There shall be imposed and collected as part of the tax:
3. A stock broker who effected a sale, exchange or other disposition 1. A surcharge of twenty five percent (25%) for each of the following
through secondary public offering of shares of stock in closely-held violations:
corporations at the rates provided hereunder based on the gross selling
price or gross value in money of the shares of stock sold, bartered, a. Failure to file any return and pay the amount of tax or installment
exchanged or otherwise disposed in accordance with the proportion of due on or before the due date;
shares of stock sold, bartered, exchanged or otherwise disposed to the b. Unless otherwise authorized by the Commissioner, filing a return
total outstanding shares of stock after the listing in the local stock with a person or office other than those with whom it is required to
exchange: be filed;
Up to 25% 4% c. Failure to pay the full or part of the amount of tax shown on the
Over 25% but not over 33 1/3% 2% return, or the full amount of tax due for which no return is
required to be filed on or before the due date;
Over 33 1/3% 1%
d. Failure to pay the deficiency tax within the time prescribed for its
payment in the notice of assessment.
When and Where to File
2. A surcharge of fifty percent (50%) of the tax or of the deficiency tax, in
This return shall be filed as follows:
case any payment has been made on the basis of such return before the
a) For tax on sale of shares of stock listed and traded through the
discovery of the falsity or fraud, for each of the following violations:
Local Stock Exchange (LSE), within five (5) banking days from a. Willful neglect to file the return within the period prescribed by
date of collection;
the Code or by rules and regulations; or
b) For shares of stocks sold or exchanged through primary public
b. In case a false or fraudulent return is willfully made.
offering, within thirty (30) days from date of listing of shares of
3. Interest at the rate of twenty percent (20%) per annum, or such higher
stock in the LSE; and
rate as may be prescribed by rules and regulations, on any unpaid
c) For tax on shares of stock sold or exchanged through secondary
amount of tax, from the date prescribed for the payment until the
public offering, within five (5) banking days from date of
amount is fully paid.
collection.
4. Compromise penalty.
The return shall be filed with any Authorized Agent Bank (AAB)
located within the jurisdiction of the Revenue District Office (RDO) where Attachments Required
the Local Stock Exchange is located. 1. Certificate of Creditable Tax Withheld at Source (BIR Form 2307), if
applicable;
Note: A stockbroker or corporate issuer, in addition to BIR Form 2552, is 2. Proof of exemption for transaction not subject to tax, if applicable;
required to submit on Monday of each week to the Secretary of the 3. Duly approved Tax Debit Memo, if applicable;
Stock Exchange, of which he is a member, a true and complete 4. For amended return, proof of the payment and the return previously
return which shall contain a declaration of all the transactions filed.
effected through him during the preceding week and of taxes
collected by him and turned over to the Bureau of Internal Note: All background information must be properly filled up.
Revenue. ▪ The last 3 digits of the 12-digit TIN refers to the branch code.
▪ TIN = Taxpayer Identification Number
ENCS
