Sales of imported vehicles grew 12 percent in February from the same month a year ago, a sign of hope after a difficult 2018. The Association of Vehicle Importers and Distributors, Inc. (AVID) said in a statement…
A group of vehicle importers saw sales drop 17 percent in 2018, blaming it on a slew of factors including tax hikes and high inflation. The Association of Vehicle Importers and Distributors, Inc. (Avid) sold 88,700 units…
The Bureau of Internal Revenue (BIR) has given owners of imported vehicles until the end of this month to pay their taxes and secure the necessary release document or else have their cars seized. “It has been…
The Bureau of Internal Revenue (BIR) on Thursday filed P638.36-million tax evasion complaint with the Department of Justice against an importer of luxury cars. Facing complaint for violation of the National Internal Revenue Code (NIRC) specifically for willful attempt…
