Updates

Capital Markets Efficiency Promotion Act (CMEPA)

Per Republic Act No. 12214

President Ferdinand Marcos, Jr. , formally signed into law Republic Act No. 12214 on May 29, 2025, otherwise known as the Capital Markets Efficiency Promotion Act (CMEPA). This landmark legislation aims to enhance the development, accessibility, and overall efficiency of the Philippine capital markets by streamlining regulatory processes.

a flag on a pole
a flag on a pole

Stock Transaction Tax, reduced from 0.6% to 0.1%

Effective July 1, 2025


The tax on the sale of shares listed and sold through the local stock exchange has been lowered to 0.1%, a substantial decrease from the previous 0.6% rate, in order to encourage more trading activity and bring it into line with regional rates.