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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 402552 [Title] => The end of an era [Summary] => They say all good things must come to an end, and for BMW Philippines, that will be on December 31, 2008. Happy New Year, ... [DatePublished] => 2008-09-24 00:00:00 [ColumnID] => 133604 [Focus] => 0 [AuthorID] => 1460444 [AuthorName] => Lester Dizon [SectionName] => Motoring [SectionUrl] => motoring [URL] => ) [1] => Array ( [ArticleID] => 192168 [Title] => DOF bats for 50% tax on luxury cars [Summary] => The Department of Finance (DOF) is proposing to lower the excise tax on luxury cars from 100 percent to 50 percent.
The proposal was described by Rep. Herminio Teves, vice chairman of the House committee on ways and means, as "anti-poor and pro-rich."
Based on a 50-percent excise tax, the DOF is projecting a tax take of around P300 million, earning the further ire of Teves.
Teves said the proposal to slash the excise tax on luxury cars from 100 percent to 50 percent clearly shows the DOFs "anti-poor and pro-rich" bias.
[DatePublished] => 2003-01-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
JAGUAR AND VOLVO
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 402552 [Title] => The end of an era [Summary] => They say all good things must come to an end, and for BMW Philippines, that will be on December 31, 2008. Happy New Year, ... [DatePublished] => 2008-09-24 00:00:00 [ColumnID] => 133604 [Focus] => 0 [AuthorID] => 1460444 [AuthorName] => Lester Dizon [SectionName] => Motoring [SectionUrl] => motoring [URL] => ) [1] => Array ( [ArticleID] => 192168 [Title] => DOF bats for 50% tax on luxury cars [Summary] => The Department of Finance (DOF) is proposing to lower the excise tax on luxury cars from 100 percent to 50 percent.
The proposal was described by Rep. Herminio Teves, vice chairman of the House committee on ways and means, as "anti-poor and pro-rich."
Based on a 50-percent excise tax, the DOF is projecting a tax take of around P300 million, earning the further ire of Teves.
Teves said the proposal to slash the excise tax on luxury cars from 100 percent to 50 percent clearly shows the DOFs "anti-poor and pro-rich" bias.
[DatePublished] => 2003-01-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Lester Dizon | September 24, 2008 - 12:00am
By Marianne V. Go | January 20, 2003 - 12:00am
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