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                    [ArticleID] => 98085
                    [Title] => Car auctions in Subic generate P200 M in taxes
                    [Summary] => Government has collected P200 million in excise taxes and import duties from the importation of second-hand vehicles through the Subic Bay Freeport, and auctioneers are even more optimistic that the market would grow despite the current political crisis.


Unruffled by protests from local automotive manufacturers, auction operators said their auctions are generating huge revenues for the Bureau of Customs which they said collected a total of P196.3 million from last year up to October this year.


                    [DatePublished] => 2000-11-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] => Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
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JENNY ARMAMENTO

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                    [ArticleID] => 98085
                    [Title] => Car auctions in Subic generate P200 M in taxes
                    [Summary] => Government has collected P200 million in excise taxes and import duties from the importation of second-hand vehicles through the Subic Bay Freeport, and auctioneers are even more optimistic that the market would grow despite the current political crisis.


Unruffled by protests from local automotive manufacturers, auction operators said their auctions are generating huge revenues for the Bureau of Customs which they said collected a total of P196.3 million from last year up to October this year.


                    [DatePublished] => 2000-11-30 00:00:00
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abtest

Car auctions in Subic generate P200 M in taxes

By Des Ferriols | November 30, 2000 - 12:00am

Government has collected P200 million in excise taxes and import duties from the importation of second-hand vehicles through the Subic Bay Freeport, and auctioneers are even more optimistic that the market would...

Business