BRAND NEW CAR + NEW EXCISE TAX!!! SAAN MAKAKATIPID?
Автор: Kuya JL CPA
Загружено: 2021-07-11
Просмотров: 2142
DISCLAIMER:
This video, comment and answers are for general information purposes only and should not be considered as professional advice to a specific issue of entity. For comments or inquires please email at [email protected]
Excise tax on Automobiles – there shall be levied, assessed and collected an ad valorem tax on automobiles based on the manufacturer’s or importer’s selling price, net of excise and value-added tax.
SRP was computed as (net manufacturers Price + Excise Tax + 12% VAT)
NET MANUFACTURER’S OR IMPORTER’S SELLING PRICES EXCISE TAX RATE
P600,000 and below 4%
P600,001 to P1,000,000 10%
P1,000,001 to P4,000,000 20%
P4,000,001 and above 50%
Note:
1. Hybrid cars = 50% excise tax
2. Purely electric cars and Pick-ups = Exempt excise tax
3. Automobiles used exclusively in Freeport Zone = Exempt excise tax
Value Added Tax = 12%
EXCISE TAX RATE
CAR Net Mfg/Importers Price 600,000
(X) Excise Tax Rate – 4% 104%
Total 624,000
(x) VAT Rate – 12% 112%
Retail Price 698,880
Доступные форматы для скачивания:
Скачать видео mp4
-
Информация по загрузке:
