Capital Gains Tax –

Documentary Stamp Tax – tax levied on the exercise by persons of certain privileges conferred
by law for the creation, revision, or termination of specific legal relationships through the
execution of specific instruments.

Donor’s Tax – tax imposed on the gratuitous. Transfer of property between two or more persons
who are living at the time of the transfer.

Estate Tax – tax that is levied, assessed, collected, and paid upon the transfer of estate of a
decedent to his heirs

Excise Tax – tax applicable to certain specified or selected goods or articles manufactured or
produced in the Philippines for domestic sale or consumption or for any other disposition and to
things imported into the Philippines

Income Tax – tax imposed on the net or the gross income realized in a taxable year

Percentage tax – tax measured by a certain percentage of the gross selling price or gross value in
money of goods sold, bartered or imported, or of the gross receipts or earnings derived by any
person engaged in the sale of services

Value-Added Tax – is a uniform 12% tax levied on every importation of goods, whether or not in
the course of trade or business, imposed on each sale, barter, exchange or lease of goods or
properties or on each rendition of services in the course of trade or business as they pass along
the production and distribution chain, the tax being limited only to the value added to such
hoods, properties or services by the seller, transferor or passed on to the buyer, transferee or
lessee of the goods, properties or services