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Showing posts from December, 2009

TAX TALKS: Are Jeepneys considered Automobiles?

In Wikipedia, an automobile is a wheeled motor vehicle used for transporting passengers, which also carries its own engine or motor. Most definitions of the term specify that automobiles are designed to run primarily on roads, to have seating for one to eight people, to typically have four wheels, and to be constructed principally for the transport of people rather than goods. With the above definition, No doubt that Jeepney is an automobile . Jeepneys are everywhere in Manila - all shapes, sizes and colour configurations. It is the most popular means of public transportation in the Philippines particularly in the cities and towns. In fact, jeepney is the most efficient and cheapest mode of transportation in big cities including Metro Manila and Cebu, and for long distance destinations in the provinces. So why am I asking whether the jeepney is considered an automobile? Well, under Republic Act No. 9224 which was approved into law last August 29, 2003 , Jeep/jeepney/je