REITs are traded like stocks and as such, regular buying and selling fees apply.
FOR BUYING AND SELLING:
| FEE | AMOUNT | REMARKS |
|---|---|---|
| Commission | 0.25% | Of the Gross Trade Amount |
| Value Add Tax (VAT) | 12% | Of Commission |
| Philippine Stock Exchange Transaction Fee (PSE Trans Fee) | 0.005% | Of the Gross Trade Amount |
| Securities Clearing Corporation of the Philippines Fee (SCCP) | 0.01% | Of Gross Trade Amount |
ADDITIONAL FEE FOR SELLING | ||
| Sales Tax | No. of Shares x Price x 0.6% | |
Example:
Buying - Total fees for buying 1,000 shares of AREIT at Php40.00/share
| FEE | COMPUTATION | AMOUNT |
|---|---|---|
| Commission | (1,000 x P40.00) x 0.25% | P100.00 |
| VAT | P100.00 x 12% | P12.00 |
| PSE Trans Fee | (1,000 x P40.00) x 0.005% | P2.00 |
| SCCP | (1,000 x P40.00) x 0.01% | P4.00 |
| Total | P118.00 |
Selling - Total fees for selling 1,000 shares of AREIT at Php42.00/share
| FEE | COMPUTATION | AMOUNT |
|---|---|---|
| Commission | (1,000 x P42.00) x 0.25% | P105.00 |
| VAT | P105.00 x 12% | P12.60 |
| PSE Trans Fee | (1,000 x P42.00) x 0.005% | P2.10 |
| SCCP | (1,000 x P42.00) x 0.01% | P4.20 |
| Sales Tax | 1,000 x P42.00 x 0.6% | P252.00 |
| Total | P375.9 |
Each computed charge listed above are rounded to hundredths (2 decimal places) using Symmetric Arithmetic Rounding for the calculation of the total fees.
Below is an excel file for you to download and use to help you compute for the fees. Feel free to use and we hope it helps.