1 REVENUE REGULATIONS NO. 9-2007 issued on August 1, 2007 prescribes the updated minimum monthly/quarterly gross receipts of domestic carriers and keepers of garages subject to the 3% Percentage Tax imposed under Section 117 of the Tax Code, as amended by Republic Act (RA) No. 9337, and further amended by RA No. 9361. Cars for rent or hire driven by the lessee, transportation contractors, including persons who transport passengers for hire, and other domestic carriers by land for the transport of passengers (except owners of animal-drawn two-wheeled vehicle), and keepers of garages shall pay a tax equivalent to 3% of their quarterly gross receipts. Using the average consumer price index (CPI) for the transportation and communication sector in Year 2006, it is apparent that the minimum gross receipts per unit of carrier set under Section 117 of the Tax Code, as amended, which figures were originally fixed in Year 1978, are no longer reflective of the true value of the minimum gross receipts that are being derived by domestic land carriers. Thus, after considering the foregoing relevant information, the updated minimum gross receipts per unit of carrier for purposes of computing the Percentage Tax as of year 2006 price index shall be as follows: DOMESTIC CARRIERS Year 1978 Old Minimum Gross Quarterly Receipts Year 2006 Updated Minimum Gross Quarterly Receipts Year 2006 Updated Minimum Gross Monthly Receipts Jeepney for hire – 1. Manila and other cities P 2,400.00 P 65,700.00 P 21,900.00 2. Provincial 1,200.00 32,900.00 10,967.00 Public Utility Bus – Not exceeding 30 passengers P 3,600.00 P 98,600.00 P 32,867.00 Exceeding 30 passengers But not exceeding 50 passengers 6,000.00 164,200.00 54,733.00 Exceeding 50 passengers 7,200.00 197,100.00 65,700.00 Taxis – 1. Manila and other cities P 3,600.00 P 98,600.00 P 32,867.00 2. Provincial 2,400.00 65,700.00 21,900.00 Car for hire (with chauffeur) P 3,000.00 P 82,100.00 P 27,367.00 Car for hire (without chauffeur) P 1,800.00 P 49,300.00 P 16,434.00 Common carriers which ply the routes from/to Metro Manila and/or other cities in the country shall be covered by the prescribed minimum gross receipts for Manila and other cities. These Regulations shall take effect beginning August 1, 2007, or after 15 days following complete publication in a newspaper of general circulation, whicheve r comes later.