Quantcast

-Put Car Brand Here-

Home » excise tax You are browsing entries tagged with “excise tax”

More views, theories on the excise tax

Finance Secretary Carlos G. Dominguez III INQUIRER FILE PHOTO

The increase in the excise tax is a certainty as far as many people in government and the auto industry are concerned. It’s only a matter of how much, and when.

Posted in Columns,Featured Stories | Read More »

ADB backs tax hike on oil, vehicles

mias

Manila-based multilateral lender Asian Development Bank (ADB) has expressed support for the government’s plan to hike excise taxes on oil products and vehicles that Finance Secretary Carlos G. Dominguez III had said would not hurt the auto industry’s sales growth. During a recent meeting between Dominguez and ADB president Takehiko Nakao, the latter was quoted […]

Posted in Featured Stories,Latest News | Read More »

New excise tax rates for autos backed

FILE_Traffic2

The Bureau of Customs is backing up the Department of Finance’s proposal to restructure the excise tax system for brand new vehicles under its first tax reform package. In a statement, the BOC said it was fully supporting House Bill No. 4774, which contained the DOF’s proposal to lower personal income taxes, broaden the value-added […]

Posted in Featured Stories,Latest News | Read More »

Dominguez allays fears on negative impact of auto excise tax hike

Finance Secretary Carlos G. Dominguez III INQUIRER FILE PHOTO

Finance Secretary Carlos Dominguez III on Monday assured lawmakers that the increase in automobile excise taxes would not affect the sales of cars in the country. Dominguez attended the ways and means committee hearing at the House of Representatives to allay lawmakers’ fear that the increase of automobile excise tax under the Department of Finance’s tax package […]

Posted in Featured Stories,Latest News | Read More »

Car dealers lament over looming excise tax bill

mias

Last Monday, the House Ways and Means Committee held its third deliberation on the comprehensive tax reform package.

Posted in Autobuzz,Featured Stories,Latest News | Read More »

Excise tax blues: Industry insider scorches opportunistic sales gimmicks

Traffic congestion along Edsa —INQUIRER PHOTO/RICHARD A. REYES

The proposed House Bill (HB) No. 4774, the “Tax Reform for Acceleration and Inclusion Act,” is now pending in Congress. Once approved, the bill will be transmitted to the Senate.

Posted in Autobuzz,Featured Stories,Latest News | Read More »

Mar 22, 2017

The original R32 GTR was coined “Godzilla” due to its sheer dominance in the Australian Touring Car Series, which

Feb 15, 2017

You can learn a lot about a car company by spending time where it grew. If you hang around