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Automobiles

The document defines automobiles as four or more wheeled vehicles propelled by motive power and subject to excise tax, while vehicles with four or more wheels not classified as automobiles are exempt from excise tax. It also defines hybrid electric vehicles as motor vehicles powered solely by electric power, with or without charging capabilities, and possibly in combination with other motive powers like gasoline.

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Angelica Rose
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0% found this document useful (0 votes)
38 views1 page

Automobiles

The document defines automobiles as four or more wheeled vehicles propelled by motive power and subject to excise tax, while vehicles with four or more wheels not classified as automobiles are exempt from excise tax. It also defines hybrid electric vehicles as motor vehicles powered solely by electric power, with or without charging capabilities, and possibly in combination with other motive powers like gasoline.

Uploaded by

Angelica Rose
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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1.

AUTOMOBILES

- Shall refer to four or


more wheeled vehicles
regardless of seating
capacity propelled by
motive power.
- A vehicle that may have
4 or more wheels but
not necessarily
classified as an
automobile shall not
be subject to Excise
Tax.

General Condition: Only those


classified as automobiles may
be subject to Excise Tax.

2. HYBRID ELECTRIC
VEHICLES

- Motor vehicles powered


by electric power.
- With or without
provisions for
charging.
- May or may not be in
combinations with
other motive powers
(Gasoline, etc.)

General Condition: Relies


solely on electric power to
propel itself.

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