Excise Tax? When June 2017 or 2018?

[jigeloh]

May EV na ba nagbebenta? Mga magkano kaya? Leaf sana idala dito sa atin


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[dos2]

May EV na ba nagbebenta? Mga magkano kaya? Leaf sana idala dito sa atin


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Parang wala pa nga, pero posibleng magkaroon na next year given the tax break.

https://www.topgear.com.ph/news/car-...lly-make-sense

"Sadly, the BYD e6 isn't for sale in the Philippines.

This is because of delays in the implementation of the Alternative Fuel Incentives Act, which would allow the Chinese MPV to come in tax-free at close to P2.65 million. Without tax breaks, it currently costs P5 million to P6 million to import. That's a hefty sum for a five-seater MPV."

[ice15]

Report: It looks like these will be your new car taxes | TopGear Ph

The latest numbers regarding automotive excise taxes are as follows:

*4% for cars priced P600,000 and below

*10% for cars priced P600,000 to P1 million

*20% for cars priced P1 million to P4 million

*50% for cars priced above P4 million

Not so bad... Although sana cars under the CARS Program are exempted from taxes.

[Verbl Kint]

so basically - Montero, Everest, Fort, etc will not have a lower price next year?
I was hoping that with this new tax scheme, I can save some cash

Not counting the usual annual increase, prices should be lower.

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[winter789]

I've read na exempted ang pickup trucks... does it include the Hilux, Rangers, etc.?

[StockEngine]

I've read na exempted ang pickup trucks... does it include the Hilux, Rangers, etc.?

which pickup trucks ang hindi included?

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[gongrhey]

Post ng tax lawyer friend ko:

The BICAM Committee has finally reconciled the House and Senate versions of the tax reform bill. Here are the highlights of the reconciled/consolidated bill:

■ Workers earning P250,000 are exempt from paying personal-income tax; 13th month pay’s tax-exempt ceiling raised to P90,000;

■ P6 tax per liter for juices and energy drinks and P12 tax per liter for beverages with high-fructose corn syrup

■ Mining—double the rates;

■ Auto excise—4 percent for up to P600,000; 10 percent for over P600,000 to P1 million; 20 percent for over P1 million up to P4 million; and 50 percent for over P4 million;

■ Tobacco tax—P32.50 effective January 1, 2018 to June 30, 2018; P35 effective July 1, 2018 to December 31, 2019; P37.50 (24 months), P40 (24 months), 4-percent annual increase after;

■ Oil excise—gasoline P7, Av gas P4, asphalts P8, kerosene P3, diesel P2.50, LPG P1, naptha P7, Ref. fuel P8, bunker fuel P2.50, lubricating oil P8, paraffin wax P8, petcoke P2.50, all petroleum products used as input, feedstock, raw materials for petrochem and refining or as replacement fuel are exempt;

■ Cosmetic procedures—5 percent rate;

■ Coal— Excise tax P50 (2018)-P100 (2019)-P150(2020)

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[Verbl Kint]

https://uploads.tapatalk-cdn.com/201...4a04e57e41.jpg

Attached photo is an fb post by someone from Ford (prolly wasn't supposed to be a public post). Time to dump inventory!

Text sms below to me from a car dealership (clue: panay AWD cars nila). They sent that this afternoon after the new excise tax hierarchies came out online. They sent this after repeatedly insisting last Friday na out of stock daw at di na aabot new stocks before Jan 8.

"Good morning Sir. Sir gusto nyo ipila ko na po kayo sa Cool Gray. Normally Sir at the end of the month may mga units naman na po. Refundable naman po Sir yung reservation. Ty"

It looks like I'm not buying a car until after Jan 1.


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[StockEngine]

is the fuel tax staggered for several years?

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[dos2]

https://uploads.tapatalk-cdn.com/201...4a04e57e41.jpg

Attached photo is an fb post by someone from Ford (prolly wasn't supposed to be a public post). Time to dump inventory!

Text sms below to me from a car dealership (clue: panay AWD cars nila). They sent that this afternoon after the new excise tax hierarchies came out online. They sent this after repeatedly insisting last Friday na out of stock daw at di na aabot new stocks before Jan 8.

"Good morning Sir. Sir gusto nyo ipila ko na po kayo sa Cool Gray. Normally Sir at the end of the month may mga units naman na po. Refundable naman po Sir yung reservation. Ty"

It looks like I'm not buying a car until after Jan 1.


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Nahalata ang modus ng dealer... hahah