Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 140663
                    [Title] => Two US car firms buck proposed 15% excise tax on cars
                    [Summary] => At least two American automotive manufacturers do not agree with the Arroyo government’s plan to revise the tax imposed on motor vehicles.


The Board of Investments (BOI) is seriously considering the imposition of a flat excise tax of 15 percent on passenger cars and motor vehicles carrying up to 10 people.


Asian  utility vehicles, though, will still be exempt from the tax. At present, the government imposes an excise tax based on engine displacement.


                    [DatePublished] => 2001-11-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

GENERAL MOTORS AUTOMOBILE PHILIPPINES

Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 140663
                    [Title] => Two US car firms buck proposed 15% excise tax on cars
                    [Summary] => At least two American automotive manufacturers do not agree with the Arroyo government’s plan to revise the tax imposed on motor vehicles.


The Board of Investments (BOI) is seriously considering the imposition of a flat excise tax of 15 percent on passenger cars and motor vehicles carrying up to 10 people.


Asian  utility vehicles, though, will still be exempt from the tax. At present, the government imposes an excise tax based on engine displacement.


                    [DatePublished] => 2001-11-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Two US car firms buck proposed 15% excise tax on cars

November 19, 2001 - 12:00am

At least two American automotive manufacturers do not agree with the Arroyo government’s plan to revise the tax imposed on motor vehicles. The Board of Investments (BOI) is seriously considering the imposition...

Business