BIR Form 1707-A: The Annual Capital Gains Tax Return for Shares of Stock

BIR Form 1707-A is the Annual Capital Gains Tax Return that consolidates every sale of unlisted domestic shares a taxpayer made during the taxable year into one annual filing. It is due on or before the 15th day of the fourth month after the taxable year closes — April 15 of the following year for a calendar-year filer — and it is filed in addition to, not instead of, the per-transaction BIR Form 1707 that is already due within 30 days of each individual sale.

This guide explains what BIR Form 1707-A consolidates, when it is due, and walks through a shareholder who sold shares twice in one year and now has to reconcile both transactions on the annual return. For capital gains tax on real property instead of shares, see BIR Form 1706: How to File Capital Gains Tax on Sale of Real Property.

What does BIR Form 1707-A consolidate? #

BIR Form 1707-A gathers every sale, barter, exchange, or other disposition of shares of stock in a domestic corporation — not traded through the local stock exchange — that a taxpayer completed in the taxable year, and reports them together in one annual return. Each of those transactions was already taxed individually: a 15% final tax on the net capital gain from that specific sale, reported and paid on its own BIR Form 1707 within 30 days of the sale. The annual return does not create a new taxable event or recompute the tax base by netting one transaction’s gain against another’s loss — it restates the year’s transactions and the tax already remitted on each, giving the BIR a single consolidated annual record instead of a scattered set of 30-day filings to cross-reference.

This is filed by the same population as BIR Form 1707: any natural or juridical person, resident or non-resident, who is not otherwise exempt and made at least one qualifying disposition of unlisted domestic shares during the year.

When is BIR Form 1707-A due? #

BIR Form 1707-A is due on or before the 15th day of the fourth month following the close of the taxable year — April 15 for a calendar-year taxpayer, or the equivalent date for a corporation on a fiscal year. This mirrors the annual income tax return deadline pattern rather than the 30-day per-transaction pattern used for BIR Form 1707 itself.

Because the deadline is fixed to year-end rather than to any single transaction date, a taxpayer who sold shares in, say, March and again in September of the same year still has only one BIR Form 1707-A deadline for that whole year — but two separate 30-day BIR Form 1707 deadlines that already came and went months earlier.

Worked example: two sales in one year, consolidated on BIR Form 1707-A #

An individual shareholder sells shares in two different unlisted domestic corporations during calendar year 2026, filing a separate BIR Form 1707 within 30 days of each sale — then must consolidate both on BIR Form 1707-A by April 15, 2027.

Transaction 1 — March 2026: Sells 5,000 shares of Company A for ₱600,000; cost basis ₱400,000.

Transaction 2 — August 2026: Sells 5,000 shares of Company B for ₱480,000; cost basis ₱300,000.

Consolidation on BIR Form 1707-A, due April 15, 2027:

The annual return restates both sales and confirms that the ₱57,000 already remitted through the two separate BIR Form 1707 filings equals 15% of the ₱380,000 in combined net capital gains for the year. If either individual filing had a computational or clerical error, BIR Form 1707-A is where that discrepancy surfaces on the BIR’s records — reconciliation, not a fresh 15% calculation on the combined figure.

BIR Form 1707 vs. BIR Form 1707-A #

Neither form replaces the other. A shareholder who files BIR Form 1707 correctly for every sale during the year still owes BIR Form 1707-A by the annual deadline, and a shareholder who somehow only files BIR Form 1707-A without the underlying per-transaction returns has not actually remitted the tax on time for any of the individual sales.

Frequently asked questions #

What is BIR Form 1707-A? #

BIR Form 1707-A is the Annual Capital Gains Tax Return for the onerous transfer of shares of stock in a domestic corporation not traded through the local stock exchange. It consolidates every sale, barter, exchange, or other disposition of such shares that a taxpayer made during the taxable year into a single annual return.

When is BIR Form 1707-A due? #

BIR Form 1707-A is due on or before the 15th day of the fourth month following the close of the taxable year. For an individual or a corporation on a calendar year, that is April 15 of the following year; a corporation on a fiscal year counts four months from its own fiscal year-end instead.

Do I still file BIR Form 1707-A if I already filed BIR Form 1707 for every sale? #

Yes. BIR Form 1707-A is filed in addition to, not instead of, the per-transaction BIR Form 1707 that is due within 30 days of each sale. The annual return does not replace any of the individual 30-day filings made during the year.

What happens if I only sold shares once during the year? #

A single sale during the year still requires both filings: the per-transaction BIR Form 1707 within 30 days of that sale, and BIR Form 1707-A consolidating that one transaction into the annual return by the 15th day of the fourth month after year-end. The consolidation requirement does not depend on having multiple transactions.

Does BIR Form 1707-A recompute the capital gains tax already paid? #

BIR Form 1707-A restates each transaction and the tax already remitted through the corresponding BIR Form 1707 filings, giving the BIR a single annual record to reconcile against. It is not a mechanism for netting gains and losses across unrelated transactions — each sale remains its own final 15% tax event; the annual return consolidates the record rather than recalculating the tax base transaction by transaction.

Summary #

BIR Form 1707-A is the annual consolidation return for every unlisted-share sale a taxpayer made during the year, due on the 15th day of the fourth month after the taxable year closes — filed on top of, never in place of, the per-transaction BIR Form 1707 that each sale already required within 30 days. Treat the two forms as a matched pair: miss either one and the year’s share-sale compliance is incomplete, even if the underlying tax was paid.