NUMBERED 1934 AND 1950 AND IMPOSING A PRIVATE MOTOR VEHICLE TAX AND FOR OTHER PURPOSES

• Number: Presidential Decree No. 1958
• Sections: 6

Preamble

WHEREAS, the current economic crisis amounts to a grave

emergency which affects the stability of the nation and require immediate

action;

WHEREAS, the issuance of this decree is an essential and

necessary component of the national economic recovery program formulated to meet

and overcome the emergency.

NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the

Philippines, by virtue of the powers vested in me by the Constitution, do hereby

order and decree:

Section 1

SECTION 1. In lieu of the registration fee and energy tax

imposed under existing laws, all motor vehicles classified as "private" shall,

upon every annual registration, pay a "private motor vehicle tax" in accordance

with the following schedule:

Vehicle

Type

Current

1-year

2-year

3-year

4-year

5-year

6-year

Private

Light

Passenger Cars

(0-1600cc)

P1,000

P1,000

P1,000

P1,000

P1,000

P1,000

P800.00

Medium

(1601cc-

2800cc )

P2,000

P2,000

P2,000

P2,000

P1,600

P1,600

P1,200

Heavy

(2800cc

and above )

P4,000

P4,000

P4,000

P4,000

P4,000

P4,000

P2,800

Private Utility Vehicles

(2700 kg GVW and below) - P1000 (regardless of age of vehicle)

Provided that with respect to tax-exempt vehicles, they shall pay

registration fees.

Section 2

SEC. 2. The tax imposed herein shall not apply to all Public utility

vehicles.

Section 3

SEC. 3. Presidential Decree Nos. 1984 and 1950 are hereby repealed and

Republic Act No. 4136, as amended h Presidential Decree No. 843 and Batas

Pambansa Big. ?4 and all laws, decrees, rules and regulations or parts thereof,

which are inconsistent with the provisions of this Decree are hereby modified

accordingly.

Section 4

SEC. 4. The Minister of Transportation and Communications shall issue the

necessary rules and regulations to implement the provisions of this Decree,

including the manner by which collections under Presidential Decree Nos. 1934

and 1950 shall be adjusted or refunded as the case may be as a result of this

Decree.

Section 5

SEC. 5. This Decree shall take effect immediately.

Done in the City of Manila, this 10th day of October, in the year of Our

Lord, nineteen hundred and eighty-four.

(Sgd.) FERDINAND E. MARCOS

President of the

Philippines

By the President:

(Sgd.) JUAN C. TUVERA

Presidential Executive Assistant