Jinggoy wants tricycles be exempted from road user’s tax 08/26/2010

Jinggoy wants tricycles be exempted from road user’s tax

08/26/2010 Senate President Pro Tempore Jinggoy Estrada pushed yesterday for the exemption of “motorcycles for hire with sidecar,” or commonly known as ordinary passenger tricycles, from the Motor Vehicle User’s Charge (MVUC). Estrada filed Senate Bill 2416 which seeks to amend Republic Act (RA) 8794 to exempt tricycles from the coverage of MVUC or the road user’s tax. RA 8794 imposes a motor vehicle user’s charge on owners of all types of motor vehicles upon registration, whether for hire or for private use, including government motor vehicles. The said tax collection is used to ensure the adequate maintenance and improvement of national and provincial roads through sufficient funding..... MORE Source:  The Daily Tribune URL: http://www.tribuneonline.org/nation/20100826nat3.html

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