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+ Follow JAGUAR AND VOLVO Tag
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[ArticleID] => 402552
[Title] => The end of an era
[Summary] => They say all good things must come to an end, and for BMW Philippines, that will be on December 31, 2008. Happy New Year, ...
[DatePublished] => 2008-09-24 00:00:00
[ColumnID] => 133604
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[AuthorID] => 1460444
[AuthorName] => Lester Dizon
[SectionName] => Motoring
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[Title] => DOF bats for 50% tax on luxury cars
[Summary] => The Department of Finance (DOF) is proposing to lower the excise tax on luxury cars from 100 percent to 50 percent.
The proposal was described by Rep. Herminio Teves, vice chairman of the House committee on ways and means, as "anti-poor and pro-rich."
Based on a 50-percent excise tax, the DOF is projecting a tax take of around P300 million, earning the further ire of Teves.
Teves said the proposal to slash the excise tax on luxury cars from 100 percent to 50 percent clearly shows the DOFs "anti-poor and pro-rich" bias.
[DatePublished] => 2003-01-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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JAGUAR AND VOLVO
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[ArticleID] => 402552
[Title] => The end of an era
[Summary] => They say all good things must come to an end, and for BMW Philippines, that will be on December 31, 2008. Happy New Year, ...
[DatePublished] => 2008-09-24 00:00:00
[ColumnID] => 133604
[Focus] => 0
[AuthorID] => 1460444
[AuthorName] => Lester Dizon
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[ArticleID] => 192168
[Title] => DOF bats for 50% tax on luxury cars
[Summary] => The Department of Finance (DOF) is proposing to lower the excise tax on luxury cars from 100 percent to 50 percent.
The proposal was described by Rep. Herminio Teves, vice chairman of the House committee on ways and means, as "anti-poor and pro-rich."
Based on a 50-percent excise tax, the DOF is projecting a tax take of around P300 million, earning the further ire of Teves.
Teves said the proposal to slash the excise tax on luxury cars from 100 percent to 50 percent clearly shows the DOFs "anti-poor and pro-rich" bias.
[DatePublished] => 2003-01-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
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abtest
By Lester Dizon | September 24, 2008 - 12:00am
By Marianne V. Go | January 20, 2003 - 12:00am
Recommended
Senators are expected to go into caucus today in an attempt to resolve the question on the conviction threshold for Vice President Sara Duterte’s impeachment trial.
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House prosecutors are expected to focus on conflict of interest arising from Vice President Sara Duterte’s alleged businesses as the impeachment trial resumes today.
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The House prosecution panel is preparing witnesses to testify on Vice President Sara Duterte’s declared business interests, possible government contracts and registered firearms for this week’s impeachment hearings.
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The impeachment court trying Vice President Sara Duterte may defer resolving the voting threshold question to give senators more time to study the issue, Sen. Panfilo Lacson said yesterday.
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Senate President Sherwin Gatchalian urged his fellow lawmakers yesterday to try commuting to work, inspired by a Department of Transportation policy requiring key DOTr officials to experience the daily troubles of the riding public firsthand.
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February 12, 2018
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