SEC. 3. The exemptions herein provided shall be allowable if and when the Government of the United States grants an equivalent exemption to non-resident citizens of the Philippines in the United States and to corporations organized in the Philippines with regard to their income derived exclusively from the operation of ships documented under the laws of the Philippines.
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
CitationCA 637 Section 3 (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).
