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EXECUTIVE ORDERS
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EXECUTIVE ORDER NO. 43 -
RESTRUCTURING THE PRIVATE MOTOR VEHICLE TAX
WHEREAS, there is a need to
rationalize the structure of the tax on private motor vehicles by
basing the same on the ability to pay of the owners thereof as
indicated by the type and age of their vehicles;
NOW, THEREFORE, I, CORAZON C. AQUINO, President of the Philippines, do
hereby order:
Section 1.
VEHICULAR
TYPE
Age
Current
1 year
old
2 years old
3 years old
4 years old
5 years old
Over 5 years
old
Sec. 2.
Sec. 3.
Sec. 4.
Done in the City of Manila,
this 22nd day of August, in the year of Our Lord, nineteen hundred and
eighty-six.
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Since 19.07.98.