Can I read Clarification on CAR for Stock Transfers on EtoBox?

Clarification on CAR for Stock Transfers by Peggy Salazar is a document available to read on EtoBox.

What is Clarification on CAR for Stock Transfers about?

This document is a Revenue Memorandum Circular issued by the Philippine Department of Finance that clarifies requirements for transferring ownership of non-publicly traded stock. It explains that an existing regulation was causing confusion about whether a Certificate Authorizing Registration (CAR) was still needed for such transfers. The Circular clarifies that a CAR is still required according to prior guidelines. It also notes the receipts for payment of capital gains tax must be filed with the corporati

Author

Peggy Salazar

Language

EN