Excise Tax? When June 2017 or 2018?

[Monseratto]

https://www.carmudi.ph/journal/bill-...set-in-motion/

Submitted by House of Representatives Deputy Speaker Sharon Garin as House Bill 3298 or Restructuring the Private Motor Vehicle Tax, the bill proposes to double the taxes for those who plan to buy more vehicles.

So anyone who purchases a second car will be charged a Motor Vehicle User’s Charge (MVUC) that’s 30 percent higher for the first year; 60 percent for the second; 90 percent for the third; 120 percent for the fourth year; and 150% for the fifth.

[ssaloon]

https://www.carmudi.ph/journal/bill-...set-in-motion/

Brilliant

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[StockEngine]

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[Altuy]

Brilliant[/URL]

Very

To me, this is a much better perspective on matters involving traffic congestion and fundraising for infrastructure.

[jigs_xix]

Related to tax reform, anyone here with the information on how the new income tax bracketing will be? And I assume when the excise tax is approved in the Senate, it will come along with the new income tax?

I just want to check if the income tax savings will outweigh my goods consumption. TIA.

[StockEngine]

Related to tax reform, anyone here with the information on how the new income tax bracketing will be? And I assume when the excise tax is approved in the Senate, it will come along with the new income tax?

I just want to check if the income tax savings will outweigh my goods consumption. TIA.

Im still hoping the excise tax wont pass the Senate...

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[montro]

[QUOTE=StockEngine;2861587]Im still hoping the excise tax wont pass the Senate...

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Daming affected pagnagkataon.

[Syuryuken]

Im still hoping the excise tax wont pass the Senate...

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excise tax is dead na nga daw kahit wala pang 1st reading sa senate sabi ng source namin kagabi.

[StockEngine]

excise tax is dead na nga daw kahit wala pang 1st reading sa senate sabi ng source namin kagabi.

sounds good bro! JVE is against it im sure...

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[JJB]

Good to hear this!! Planning to buy a 7-seater mpv or van. At least less time pressure to acquire one[emoji16]


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