Republic Act No. 1188

: Republic Act No. 1188 classifies the motor vehicle popularly known as the jeep as a truck instead of an automobile for the purpose of imposing and collecting sales tax.
: It was enacted on June 20, 1954.
: The Act refers specifically to the motor vehicle technically denominated as "one-fourth ton truck, four by four" and popularly known as the jeep.
: Because the classification affects the imposition and collection of sales tax on the vehicle's original sale, barter, exchange, or similar transfer of ownership.
: Every original transaction involving the transfer of ownership or title to the jeep will be subject to the sales tax as provided in section 186 of the National Internal Revenue Code, as amended.
: Section 186 of the National Internal Revenue Code, as amended.
: No, the Act specifically states that the sales tax applies to every original sale, barter, exchange, or similar transaction involving the transfer of ownership or title, implying it applies to original transactions.
: The Act took effect upon its approval on June 20, 1954.
: No, the Act was enacted without Executive approval.
: Transactions such as original sale, barter, exchange, or any similar transaction involving the transfer of ownership or title of the jeep are subject to the sales tax.