^
+ Follow AUVS Tag
AUVS
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 291682
                    [Title] => 7,000 AUV taxi, welga ngayon
                    [Summary] => Magsasagawa ngayon ng malawakang tigil-pasada ang mga FX at iba pang Asian Utility Vehicles (AUVs) upang tutulan ang balak ng Land Transportation Franchising and Regulatory Board (LTFRB) na i-phase-out ang may 7,000 AUVs Express Conversion.

[DatePublished] => 2005-08-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => PSN Metro [SectionUrl] => metro [URL] => ) [1] => Array ( [ArticleID] => 220436 [Title] => DOF, Congress at odds over auto excise tax [Summary] => The Department of Finance (DOF) and Congress are at odds over the deferment of the controversial revenue regulation which will remove the exemption of Asian utility vehicles (AUVs) from the excise tax. [DatePublished] => 2003-09-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 219196 [Title] => Car makers want BIR revenue regulation junked [Summary] => Local car manufacturers have urged the Department of Finance and the Bureau of Internal Revenue to put aside BIR Revenue Regulation 4-2003 as the new excise tax bill has been signed into law by President Arroyo.

According to Serafin Pantaleon, senior vice president of Toyota Motors Philippines, the DOF should issue a clarification about the status of RR-4-2003 now that the new excise tax scheme is set to take effect.

Pantaleon said implementing the RR would only confuse the industry. Instead, government should just shift directly to the new excise tax system.
[DatePublished] => 2003-08-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 211585 [Title] => The hanging threat of vehicle excise tax [Summary] => Implementing a law in a country where there are too many lobbyists and too much politics is never easy. This is certainly the case for the local automotive industry where some of the biggest companies operating in the country are each in a position to exert some influence on policy-making.

What started as a simple attempt to correct a revenue regulation that caused tax leakages has been blown to astronomic proportions that could have adverse effects on the underground economy and may even, at the end of the day, decrease government’s expected income.
[DatePublished] => 2003-06-27 00:00:00 [ColumnID] => 133715 [Focus] => 0 [AuthorID] => 1805279 [AuthorName] => Rey Gamboa [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 210595 [Title] => Taxes, AUVs, and the Pinoy Consumer [Summary] => It could have been worse.
[DatePublished] => 2003-06-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1182613 [AuthorName] => Brian Afuang [SectionName] => Motoring [SectionUrl] => motoring [URL] => ) [5] => Array ( [ArticleID] => 208805 [Title] => Serge seeks higher excise tax on AUVs [Summary] => Sen. Sergio Osmeña III is seeking a higher excise tax on most Asian Utility Vehicles (AUVs).

In a proposal that he has submitted to the Senate ways and means committee, Osmeña wants that AUVs priced at P600,000 and below continue to enjoy an excise tax exemption.

However, he is suggesting that the bulk of the AUVs — those selling for between P600,000 and P1 million — be taxed up to 13 percent.
[DatePublished] => 2003-06-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [6] => Array ( [ArticleID] => 206853 [Title] => BOI bucks Senate proposal on automotive excise tax [Summary] => The government has expressed reservations over a proposal in the Senate to raise the floor price in the vehicle tax base from P500,000 to P750,000 because this would lead to a substantial reduction in tax collections.

"The government would suffer a net loss from a higher floor tax and I’m sure the Department of Finance would also oppose a higher price base," Board of Investments managing head Gregory Domingo said.
[DatePublished] => 2003-05-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 205290 [Title] => Value-based excise tax to result in net loss for economy — CRC study [Summary] => The economy risks losing more in terms of employment and productivity if a value-based excise tax is passed into law, a Center for Research and Communication (CRC) Foundation study warned yesterday.

The value-based excise tax would particularly affect Asian utility vehicles (AUVs) which are widely used as faster and more comfortable alternative to buses and jeepneys by Metro Manila commuters.

AUVs account for over 40 percent of the total motor vehicle market last year.
[DatePublished] => 2003-05-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 200120 [Title] => Japanese car exec fears ‘death’ of AUVs sans perks [Summary] => Former Isuzu Philippines executive vice president Hiroshi Ishino expressed fears on the possible "death" of the Asian Utility Vehicles (AUVs) with the removal of government incentives.

Ishino, who virtually built up Isuzu’s AUV division seven years ago, lamented the fact that he is leaving Isuzu at a time when there is uncertainty in the local automotive industry due to the government’s policy changes.
[DatePublished] => 2003-03-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 195693 [Title] => Senate may restore tax exemption of AUVs [Summary] => There is a new move in the Senate to retain the tax exempt status of Asian utility vehicles (AUVs).

Sen. Gregorio Honasan is urging the government to "conduct a thorough study on the impact of keeping the AUV’s tax-free status or limit their excise tax to between one and three percent for models priced at P600,000 or less, in order to keep AUVs affordable to buyers."

According to Honasan, "AUVs are now widely used as an alternative mode of transportation that is a lot cheaper than a taxi."
[DatePublished] => 2003-02-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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