EXECUTIVE ORDER NO. 43, August 22, 1986
RESTRUCTURING THE PRIVATE MOTOR VEHICLE TAX
NOW, THEREFORE, I, CORAZON C. AQUINO, President of the Philippines, do hereby order:
SECTION 1. The owners of motor vehicles classified as “private” shall, upon every annual registration, pay a private motor vehicle tax in accordance with following schedule :
|
Age |
Light
(0-1600cc) |
Medium
(1601cc- 2800cc) |
Heavy
(2801cc & over) |
Utility Vehicle
(2700 Kg GW and below) |
| Current |
|
|
|
|
| 1 year old |
1000
|
3000
|
6000
|
1000
|
| 2 years old |
1000
|
3000
|
6000
|
1000
|
| 3 years old |
1000
|
3000
|
6000
|
1000
|
| 4 years old |
1000
|
2400
|
6000
|
1000
|
| 5 years old |
1000
|
2400
|
6000
|
1000
|
| Over 5 years old |
700
|
1200
|
2800
|
900
|
SECTION 2. The Minister of Transportation and Communications shall issue the necessary rules and regulations to implement the provisions of this Executive Order.
SECTION 3. All laws, orders, issuances, rules and regulations or parts thereof inconsistent with this Executive Order are hereby repealed or modified accordingly.
SECTION 4. This Executive Order shall take effect on January 1, 1987.
Done in the City of Manila, this 22nd day of August in the year of Our Lord, nineteen hundred and eighty-six.
President of the Philippines
By the President:
(Sgd.) JOKER P. ARROYO
Executive Secretary