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Manila Bulletin devider Philippines devider National devider Incoming Albay solon to fill bill exempting non-commercial documents from stamp tax

Incoming Albay solon to fill bill exempting non-commercial documents from stamp tax

Published May 26, 2025 03:32 pm

At A Glance

  • Albay 3rd district Congressman-elect Adrian Salceda will file a bill exempting non-commercial documents from stamp tax once he assumes his post.
Albay 3rd district Congressman-elect Adrian Salceda will file a bill exempting non-commercial documents from stamp tax once he assumes his post.
Salceda's bill will cover documents that incur taxes despite not involving any financial transactions.
These include diplomas and transcript of records; police and National Bureau of Investigation (NBI) clearances; birth, marriage and death certificates; powers of attorney for personal or medical use; and deeds of donation.
"Mag-aaffidavit ka na lang kasi namatayan ka, may tax pa. Halos wala namang kinikita ang gobyerno dito. Pahirap lang talaga (You're just getting an affidavit for the loss of a loved one, yet you still get taxed. The government is not getting any revenue from it. It just adds burden to the people)," Salceda said.
The measure, Salceda said, will amend seven provisions of the National Internal Revenue Code, specifically sections 173, 185, 189, 190, 191, 193, and 196.
It will clarify that only documents that record commercial or financial transactions should be taxed.
“We’re not touching the DST on bank loans, insurance policies, or property sales. This is about cleaning up the tax code and giving people relief from needless compliance costs," he said.
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