Act No. 2699 Section 4

Section 4

SEC. 4. The Manila Railroad Company is hereby exempted, until December thirty-first, nineteen hundred and eighteen, from all taxes of every name and nature, either municipal, provincial, or Insular, upon its capital stock, franchises, right-of-way, earnings, and upon all property owned or operated by it. Until December thirty-first, nineteen hundred and eighteen, no specific tax shall be collected on any article sold and delivered directly to the Manila Railroad Company.

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Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationAct No. 2699 Section 4 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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