Republic Acts1 min read
Section 1June 30, 2009, Sec./Art. 1
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Section 199 of the National Internal Revenue Code of 1997, as amended by Republic Act No. 9243, is hereby further amended to read as follows:
"SEC. 199. Documents and Papers Not Subject to Stamp Tax. - The provisions of Section 173 to the contrary notwithstanding, the following instruments, documents and papers shall be exempt from the documentary stamp tax:
"x x x
"(e) Sale, barter or exchange of shares of stock listed and traded through the local stock exchange."
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