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  • Total Buying Cost: Computation For Buying Transaction

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    Abbey Li
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    A person bought 10 shares of stock at 2,500 pesos per share, for a total of 25,000 pesos. Fees including broker's commission, VAT, SCCP fee, and PSE transaction fee added up to 73.75 pesos, making the total buying cost 25,073.75 pesos. Later, they sold the same 10 shares at the same price of 2,500 pesos per share for another total of 25,000 pesos. However, fees including broker's commission, VAT, SCCP fee, PSE transaction fee, and stock transaction tax totaled 198.75 pesos, making the total selling cost 24,801.25 pesos. The document notes that

    Original Description:

    Sample Computation of Philippine Stock Trading Fees. Not sure if correct, use with caution

    Original Title

    PSE Stock Fees

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    A person bought 10 shares of stock at 2,500 pesos per share, for a total of 25,000 pesos. Fees including broker's commission, VAT, SCCP fee, and PSE transaction fee added up to 73.75 pesos, making the total buying cost 25,073.75 pesos. Later, they sold the same 10 shares at the same price of 2,500 pesos per share for another total of 25,000 pesos. However, fees including broker's commission, VAT, SCCP fee, PSE transaction fee, and stock transaction tax totaled 198.75 pesos, making the total selling cost 24,801.25 pesos. The document notes that

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    13 views2 pages

    Total Buying Cost: Computation For Buying Transaction

    Uploaded by

    Abbey Li
    A person bought 10 shares of stock at 2,500 pesos per share, for a total of 25,000 pesos. Fees including broker's commission, VAT, SCCP fee, and PSE transaction fee added up to 73.75 pesos, making the total buying cost 25,073.75 pesos. Later, they sold the same 10 shares at the same price of 2,500 pesos per share for another total of 25,000 pesos. However, fees including broker's commission, VAT, SCCP fee, PSE transaction fee, and stock transaction tax totaled 198.75 pesos, making the total selling cost 24,801.25 pesos. The document notes that

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 2

    COMPUTATION FOR BUYING TRANSACTION

    Number of Shares 10.00


    Share Price 2,500.00
    Gross Amount 25,000.00
    Broker's Commission 62.50
    VAT on Commission 7.50
    SCCP Fee 2.50
    PSE Transaction Fee 1.2500 73.75
    Total Buying Cost 25,073.75 0.002950

    Stock Price should be at lea


    in order to get profits rathe
    COMPUTATION FOR SELLING TRANSACTION

    Number of Shares 10.00


    Share Price 2,500.00
    Gross Amount 25,000.00
    Broker's Commission 62.50
    VAT on Commission 7.50
    SCCP Fee 2.50
    PSE Transaction Fee 1.25
    Stock Transaction Tax 125.00 198.75
    Total Selling Cost 24,801.25 0.00801
    Stock Price should be at least 1.10% more than acquisition price
    in order to get profits rather than loss, due to fees

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