BY THE PRESIDENT OF THE PHILIPPINES
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. 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:
|(2700 Kg GW
|1 year old||1000||3000||6000||1000|
|2 years old||1000||3000||6000||1000|
|3 years old||1000||3000||6000||1000|
|4 years old||1000||2400||6000||1000|
|5 years old||1000||2400||6000||1000|
|Over 5 years old||700||1200||2800||900|
SECTION 2. The Minister of Transportation and Communications shall issue the necessary rules and regulations to implement the provisions of this Executive Order.
SECTION 3. All laws, orders, issuances, rules and regulations or parts thereof inconsistent with this Executive Order are hereby repealed or modified accordingly.
SECTION 4. This Executive Order shall take effect on January 1, 1987.
Done in the City of Manila, this 22nd day of August in the year of Our Lord, nineteen hundred and eighty-six.
(Sgd.) CORAZON C. AQUINO
President of the Philippines
By the President:
(Sgd.) JOKER P. ARROYO
Source: Presidential Management Staff
Office of the President of the Philippines. (1986). [Executive Order Nos. : 1 – 170]. Manila : Presidential Management Staff.