The Bureau of Internal Revenue has in Revenue Regulations 6-2008, consolidated the rules for the imposition of tax upon the sale, barter, exchange or other disposition of shares of domestic companies that are held as capital assets. Pursuant to the Regulations, the taxes apply to individuals, companies, estates, trusts, trust funds and pension funds, amongst others. However, securities dealers, investors in mutual fund companies who realize gains from redemption of such shares and persons specifically exempt under investment incentives and special laws, are excluded. The Regulations also provide information on the timing of tax payments, the manner of filing returns...