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PD 218 Section 2

Section 2

SEC. 2. Section 22 of Commonwealth Act Numbered 466, as amended, is hereby amended to include an additional Subsection (c) to read as follows: "(c) Aliens employed by regional or area headquarters or multinational corporations. There shall be levied, collected and paid for each taxable year upon the gross income received by every alien individual employed by regional or area headquarters established in the Philippines by multinational corporations as salaries, wages, annuities, compensations, remunerations and emoluments from such regional or area headquarters a tax equal to fifteen per centum of such gross income."

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Other provisions in PD 218

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 218 Section 2 (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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