BRAND NEW CAR + NEW EXCISE TAX!!! SAAN MAKAKATIPID? скачать в хорошем качестве

BRAND NEW CAR + NEW EXCISE TAX!!! SAAN MAKAKATIPID?

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 taxpower.ph@gmail.com 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