EXECUTIVE ORDER NO. 43 January 1, 1987
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:
Sec. 1. The owners of motor vehicles classified as "private" shall, upon every annual registration, pay a private motor vehicle tax in accordance with the following schedule:
VEHICULAR TYPE
Light
(1601 cc-& over)
Medium
(2801 cc-2800 cc)
Heavy
(2700 Kg GWAge and below)
Utility Vehicle
(0-1600cc)
Current
P1000
P3000
P6000
P1000
1 year old
1000
3000
6000
1000
2 years old
1000
3000
6000
1000
3 years old
1000
3000
6000
1000
... 4 years old
Restructuring the Private Motor Vehicle Tax
- Rationalizes the tax structure for private motor vehicles based on the owners' ability to pay, indicated by the type and age of their vehicles. (Section 1)
- Imposes an annual private motor vehicle tax upon registration, with the following rates:
• Light vehicles (1601 cc and over):
- Current to 3 years old: ₱1,000
- 4 to 5 years old: ₱1,000
- Over 5 years old: ₱700 (Section 1)
• Medium vehicles (2801 cc to 2800 cc):
- Current to 3 years old: ₱3,000
- 4 to 5 years old: ₱2,400
- Over 5 years old: ₱1,200 (Section 1)
• Heavy vehicles (2700 Kg GW and below):
- Current to 5 years old: ₱6,000
- Over 5 years old: ₱2,800 (Section 1)
• Utility vehicles (0-1600 cc):
- Current to 4 years old: ₱1,000
- 5 years old: ₱1,000
- Over 5 years old: ₱900 (Section 1)
- Authorizes the Minister of Transportation and Communications to issue necessary rules and regulations for implementation. (Section 2)
- Repeals or modifies all inconsistent laws, orders, issuances, rules, and regulations. (Section 3)
- Takes effect on January 1, 1987. (Section 4)AIC Grande Tower Garnet Road
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Metro Manila PhilippinesMobile No. +639451244898
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