Emperador outlines new tax remittance process for SGX-listed shares

SGX Filings

Aug 10

Emperador Inc. (EMI) announced updated procedures for collecting and paying the Philippine stock transaction tax (STT) on sales of its shares traded on Singapore Exchange Securities Trading Limited (SGX-ST).

Under the new framework, a 0.1% STT—calculated on the gross selling price of each transaction—is withheld by the seller’s Singapore broker at settlement and remitted to the Philippines Bureau of Internal Revenue (BIR).

BDO Securities Corporation will act as the receiving and remitting agent, and 17 Singapore brokers have been onboarded, including CGS-CIMB Securities (Singapore) Pte. Ltd., Citigroup Global Markets Singapore Securities Pte. Ltd., Daiwa Capital Markets Singapore Limited, DBS Vickers Securities (Singapore) Pte Ltd, JP Morgan Securities Singapore Private Limited and UBS Securities Pte Ltd. Brokers may also remit the tax via other channels, such as affiliated Philippine brokers.

Emperador cautioned that if a broker’s arrangement with BDO ends and no alternative remittance method is in place, clients trading through that broker may be unable to sell EMI shares on the SGX-ST until compliance procedures are re-established.

The company advised shareholders to consult professional advisers and their brokers on the tax, legal and fee implications related to STT payments to the BIR.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.etasphere.com/news/1138462038"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1138462038\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1138462038?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-10 10:10","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1138462038","market":"sg","top_or_hot":-1,"title":"Emperador outlines new tax remittance process for SGX-listed shares","media":"SGX Filings","content":"<p>Emperador Inc. (EMI) announced updated procedures for collecting and paying the Philippine stock transaction tax (STT) on sales of its shares traded on Singapore Exchange Securities Trading Limited (SGX-ST).</p>\n<p>Under the new framework, a 0.1% STT—calculated on the gross selling price of each transaction—is withheld by the seller’s Singapore broker at settlement and remitted to the Philippines Bureau of Internal Revenue (BIR).</p>\n<p>BDO Securities Corporation will act as the receiving and remitting agent, and 17 Singapore brokers have been onboarded, including CGS-CIMB Securities (Singapore) Pte. Ltd., Citigroup Global Markets Singapore Securities Pte. Ltd., Daiwa Capital Markets Singapore Limited, DBS Vickers Securities (Singapore) Pte Ltd, JP Morgan Securities Singapore Private Limited and UBS Securities Pte Ltd. Brokers may also remit the tax via other channels, such as affiliated Philippine brokers.</p>\n<p>Emperador cautioned that if a broker’s arrangement with BDO ends and no alternative remittance method is in place, clients trading through that broker may be unable to sell EMI shares on the SGX-ST until compliance procedures are re-established.</p>\n<p>The company advised shareholders to consult professional advisers and their brokers on the tax, legal and fee implications related to STT payments to the BIR.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Emperador outlines new tax remittance process for SGX-listed shares</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEmperador outlines new tax remittance process for SGX-listed shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1083912268\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/57d1beae95c40ebe9f2698a436562e39);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">SGX Filings </p>\n<p class=\"h-time\">2026-08-10 10:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Emperador Inc. (EMI) announced updated procedures for collecting and paying the Philippine stock transaction tax (STT) on sales of its shares traded on Singapore Exchange Securities Trading Limited (SGX-ST).</p>\n<p>Under the new framework, a 0.1% STT—calculated on the gross selling price of each transaction—is withheld by the seller’s Singapore broker at settlement and remitted to the Philippines Bureau of Internal Revenue (BIR).</p>\n<p>BDO Securities Corporation will act as the receiving and remitting agent, and 17 Singapore brokers have been onboarded, including CGS-CIMB Securities (Singapore) Pte. Ltd., Citigroup Global Markets Singapore Securities Pte. Ltd., Daiwa Capital Markets Singapore Limited, DBS Vickers Securities (Singapore) Pte Ltd, JP Morgan Securities Singapore Private Limited and UBS Securities Pte Ltd. Brokers may also remit the tax via other channels, such as affiliated Philippine brokers.</p>\n<p>Emperador cautioned that if a broker’s arrangement with BDO ends and no alternative remittance method is in place, clients trading through that broker may be unable to sell EMI shares on the SGX-ST until compliance procedures are re-established.</p>\n<p>The company advised shareholders to consult professional advisers and their brokers on the tax, legal and fee implications related to STT payments to the BIR.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EMI.SI","symbol_name":"皇胜酒业","start_time":0,"source_url":"","article_id":"1138462038","we_media_id":"1083912268","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1138462038","pubTimestamp":1786327821,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"SGX Filings","introduction":"Fastest News on SGX Filings ","home_visible":1,"id":"1083912268","head_image":"https://community-static.tradeup.com/news/57d1beae95c40ebe9f2698a436562e39"},"summary":"Emperador Inc. (EMI) announced updated procedures for collecting and paying the Philippine stock transaction tax (STT) on sales of its shares traded on Singapore Exchange Securities Trading Limited...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"EMI.SI":"皇胜酒业"},"translate_title":"Emperador 概述了新交所上市股票的新税收汇款流程","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EMI.SI":1},"content_text":"Emperador Inc. (EMI) announced updated procedures for collecting and paying the Philippine stock transaction tax (STT) on sales of its shares traded on Singapore Exchange Securities Trading Limited (SGX-ST).\nUnder the new framework, a 0.1% STT—calculated on the gross selling price of each transaction—is withheld by the seller’s Singapore broker at settlement and remitted to the Philippines Bureau of Internal Revenue (BIR).\nBDO Securities Corporation will act as the receiving and remitting agent, and 17 Singapore brokers have been onboarded, including CGS-CIMB Securities (Singapore) Pte. Ltd., Citigroup Global Markets Singapore Securities Pte. Ltd., Daiwa Capital Markets Singapore Limited, DBS Vickers Securities (Singapore) Pte Ltd, JP Morgan Securities Singapore Private Limited and UBS Securities Pte Ltd. Brokers may also remit the tax via other channels, such as affiliated Philippine brokers.\nEmperador cautioned that if a broker’s arrangement with BDO ends and no alternative remittance method is in place, clients trading through that broker may be unable to sell EMI shares on the SGX-ST until compliance procedures are re-established.\nThe company advised shareholders to consult professional advisers and their brokers on the tax, legal and fee implications related to STT payments to the BIR.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"SGX","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}