SEC. 36. Section 241 of this Code, as amended, is hereby
further amended to read as follows:
"Sec. 241. Stamp tax on proxies.—On each proxy for
voting at any election for officers of any company or association, or for any
other purposes, except proxies issued affecting the affairs of associations or
corporations organized for religious, charitable, or literary purposes, there
shall be collected a documentary stamp tax of two pesos and fifty centavos."
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
CitationPD 1959 Section 36 (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).
