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now lets talk about the sec code of corporate governance the securities and exchange commission adopted the following code of corporate governance for publicly listed companies sac memorandum circular number 19 series of 2016 and we have the latest code of corporate governance for public companies and registered issuers the sec memorandum circular number 24 series of 2019 and among the friends non-publicly listed companies public companies and registered issuers public listed companies shall cover only those companies host equity securities are listed on the philippines tax exchange in contrast to unlisted unlisted shares normal companies [Music] are income taxation gain on the sale of unlisted shares i subjects the capital gains stocks of 15 people and stocks i traded on a local stocks exchange so how do we trade through a local stocks exchange listed companies youngsters and stocks bentamon and traded through the philippines tax exchange then the implication indicia subjects income
