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Currently, Auto Nation Group, Inc. (formerly known as CATS Motors, Inc.) is the general importer and distributor of Mercedes-Benz vehicles, parts and accessories in the Philippines. Its history traces back to 1989 when its founder Felix R. Ang opened CATS as a car accessories, tires sales and servicing business.
The automotive aftermarket is the secondary parts market of the automotive industry, concerned with the manufacturing, remanufacturing, distribution, retailing, and installation of all vehicle parts, chemicals, equipment, and accessories, after the sale of the automobile by the original equipment manufacturer (OEM) to the consumer.
Percentage tax is a business tax imposed on persons or entities/transactions: who sell or lease goods, properties or services in the course of trade or business and are exempt from value-added tax (VAT) under Section 109 (w) of the National Internal Revenue Code, as amended, whose gross annual sales and/or receipts do not exceed Php 3,000,000 ...
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The company grew into a multimillion corporation that produced the majority of jeepneys in the Philippines. At its peak, the ratio of Sarao jeepneys rolling the streets of Manila outnumbered other brands by almost 7 to 1, making the Sarao name synonymous with the vehicle. [2] Jeepney factory 1988 Sarao Jeepney in Southward Car Museum, New Zealand
The list of the assigned number of International Organizations. Number Organization Number Organization Number Organization 200 Taipei Economic and Cultural Office in the Philippines: 210 United Nations Information Centres: 220 United Nations Development Programme: 201: United Nations: 211: United States Agency for International Development: 221
To strictly enforce the payment of taxes and to further discourage tax evasion, RA No. 233 or the Rewards Law was passed on June 19, 1959 whereby informers were rewarded the 25% equivalent of the revenue collected from the tax evader. In 1964, the Philippines was re-divided anew into 15 regions and 72 inspection districts.
This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies. The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ...