Group 5

Course, Year and Section: BSBM FMGT2B

Group Leader: Tallorin, Erica Kleine C.

Members: Arisga, Shineth Anne
Bacea, Zeny Mae
Gonong, Neil
Hife, Erick
Losito, Jessica
Madlangbayan, Alyssa
Nobles, Kristel D.

Topic: Documentary Stamp Tax and Other Documentation

QUIZ

1. An excise tax levied on documents, instruments, and papers evidencing the

acceptance, assignment, sale or transfer of an obligations, rights, or property.

Correct Answer: Documentary Stamp Tax

2. The Rate and Base of these type of documentary stamp tax are P1.50 for every
P200.00. What are those? Give at least 2 types.

Correct Answers: Debt Instruments

Bill of Exchange or drafts, Acceptance of bills of exchange

and others, foreign bills of exchange and letters of credit.

Sales, Agreement to sell, Memoranda of sales, deliveries or

transfer of sales, or Certificate of stocks

Bank, Checks, Draft

3. It is the BIR Form for Petroleum Products. Give 1 BIR Form

Correct Answers: BIR Form 2200 M

BIR Form 1200 P

BIR Form 2200 P

BIR Form 3000 L

4. If there are 20 warehouse receipts on hand, how much is the rate of those
documentary stamp tax?

Correct Answer: Php 600.00

5. The BIR Form for Cosmetics.

Correct Answer: BIR Form 2200 C

6. This is the BIR Application Form for invoices and receipts.

Correct Answer: BIR Form 1906

7. The BIR Application Form to use computerized accounting system or

components thereof/loose leaf books of account.

Correct Answer: BIR Form 1900

8. Rate and Base for Annuities.

Correct Answer: P1.00 for every P200.00

9. A documentary Stamp Tax that has the rate and base of not more than 1,000
tons, P1,000.00 on the first 6 months and P100.00 per month in excess of 6
months.

Correct Answer: Charter parties and Similar instruments

10. This is the form for Monthly Remittance Return of Income Taxes Withheld on
Compensation

Correct Answer: BIR Form 1601 C