Republic Act 10963-Senate Bill 1592-Excise tax

Under RA 10963, vehicle excise taxes are as follows:4% - up to PhP 600,00010% - PhP 600,000 over up to PhP 1,000,00020% - over PhP 1,000,000 up to PhP 4,000,00050% - over PhP 4,000,000

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