INTIEAPhilippines · Republic Act 10963-Senate Bill 1592-Excise taxPolicyIn force

Republic Act 10963-Senate Bill 1592-Excise tax

Under RA 10963, vehicle excise taxes are as follows: 4% - up to PhP 600,000 10% - PhP 600,000 over up to PhP 1,000,000 20% - over PhP 1,000,000 up to PhP 4,000,000 50% - over PhP

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Country / jurisdiction: Philippines · Year: 2018 · Status: In force · Level: National · Type: Voluntary

Under RA 10963, vehicle excise taxes are as follows:

4% - up to PhP 600,000

10% - PhP 600,000 over up to PhP 1,000,000

20% - over PhP 1,000,000 up to PhP 4,000,000

50% - over PhP 4,000,000

Official source: https://www.autoindustriya.com/auto-industry-news/new-excise-taxes-on-cars-fuel-effective-january-1-2018.html

Source

https://www.iea.org/policies/6778

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