Professional Documents
Culture Documents
1707
Code
4 ATC II 030 IC 110
Corporati
BIR Form No .
For Onerous Transfer of Shares of Stock Not T raded Through the Local Stock Exchange
Fill in all applicable spaces. Mark all appropriate boxes with an X.
1 Date of Transaction ( MM / DD / YYYY ) Part I 5 TIN Seller 3 No. of Sheets Attached No
Individua
Seller's Name
13 Zip Code Yes
11 Registered Address
13 Zip Code
15 Are you availing of tax relief under an International Tax Treaty or Special Law? 16 Description of Transaction Cash Sale Installment Sale 17 Details of Installment Sale: 17 A Selling Price/Fair Market Value 17 B 17 C 17 D 17 E 17 Cost and Expenses Mortgage Assumed No. of installments Amount of Installment for this Payment Period
F Date of Collection of Installment for this Payment Period (MM/DD/YYYY) Total Collection (Downpayment and Installments) during the Year of Sale Compu tation of Tax
18 19 20 21
17 G PART II
18 Taxable Base - For Cash Sale/ Foreclosure Sale (Schedule 1) 19 Less: Cost and Other Allowable Expenses (Schedule 2)
20 Net Capital Gain/(Loss) 21 Tax Due on the Entire Transaction (5% on the first 100,000 ; 10% over 100,000)(Cash Sale/Foreclosure Sale); or 22 Tax Due for this Payment Period Computation of the Tax Due (If tax is payable under the installment method of computation) 23 Less: Tax Paid in Return Previously Filed, if this is an Amended Return
22
23 24
Interest
25C
Compromise
25D 26
26 Total Amount Payable/(Overpayment) (Sum of Items 24 & 25D) Schedule 1 Name of Corporate Stock Description of Shares of Stock (attach additional sheets, if necessary) Stock Certificate No. No. of Shares
27 Total (To Item 18) 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. 28 Part III Taxpayer/Authorized Agent Signature over Printed Name D e t a i l s of P a y m e n t Drawee Bank/ M M D Agency Number Date
D Y Y Y Y
30 31B 32A 33A 33B 31C 32B 33C 31D 32C 33D
rticulars
Machine Validation/Revenue Official Receipt Details (If not filed with the bank)
1707
July, 1999 ( ENCS )
Individual Corporation
BIR Form No .
8 RDO Code
Taxable Base
BIR FORM 1707 (ENCS)-PAGE 2 Schedule 2 Schedule of Cost and Other Allowable Expenses Particulars Amount
34
Total (To Item 19) BIR Form 1707 - Capital Gains Tax Return (For Onerous Transfer of Shares of Stock Not Traded Through the Local Stock Exchange) Guidelines and Instructions
Who shall file barter, exc domestic co This return shall b through the juridical person, reside exchange or otherNot ov onero domestic corporation, c On any through the local stock ex Penalties The term Capita
Penalties The term Capita taxpayer (whether or not Ther but does not1. includesurc A sto property of a kindfollow whic inventory of the taxpaye a. year, or property held ordinary course ofb. trad trade or business of allowance for depreciati business. c.
mount
, exchange or other dispositio stic corporation, classified as ca gh the local stock exchange:
ties
ties
There shall be imposed and co A surcharge of twenty five per following violations: a. Failure to file any return or installment due on or b b. Unless otherwise authori filing a return with a pe those with whom it is requ c. Failure to pay the full or shown on the return, or for which no return is before the due date;