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                    [ArticleID] => 200724
                    [Title] => The Damocles sword stays afloat
                    [Summary] => The implementation of the very controversial BIR Revenue Regulation that re-defined a "10-seater" in the automotive industry has again been deferred, this time up to May 19.


The measure’s implementation would have effectively raised the prices of AUVs (Asian utility vehicles) and SUVs (sports utility vehicles) and also some vans that earn some form of tax exemption on account of their being "10-seaters" by the "old definition" and measurements by a hefty 35 to 50 percent. 


                    [DatePublished] => 2003-03-29 00:00:00
                    [ColumnID] => 133756
                    [Focus] => 0
                    [AuthorID] => 1805279
                    [AuthorName] => Rey Gamboa
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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DR. JOEL BALINGIT

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                    [ArticleID] => 200724
                    [Title] => The Damocles sword stays afloat
                    [Summary] => The implementation of the very controversial BIR Revenue Regulation that re-defined a "10-seater" in the automotive industry has again been deferred, this time up to May 19.


The measure’s implementation would have effectively raised the prices of AUVs (Asian utility vehicles) and SUVs (sports utility vehicles) and also some vans that earn some form of tax exemption on account of their being "10-seaters" by the "old definition" and measurements by a hefty 35 to 50 percent. 


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                    [AuthorName] => Rey Gamboa
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abtest

The Damocles sword stays afloat

By Rey Gamboa | March 29, 2003 - 12:00am

The implementation of the very controversial BIR Revenue Regulation that re-defined a "10-seater" in the automotive industry has again been deferred, this time up to May 19. The measure’s implementation...

Business