Section 5
SEC. 5. Section 191 of Commonwealth Act Numbered 466, as amended, is hereby amended as follows: "SEC. 191. Contractors, proprietors or operators of dockyards and others. — A contractor's tax of three per centum of the gross receipts is hereby imposed on the following: X X X "The term 'independent contractor' shall not include regional or area headquarters established in the Philippines by multinational corporations, including their alien executives, and which headquarters do not earn or derive income from the Philippines and which act as supervisory, communications and coordinating centers for their affiliates, subsidiaries or branches in the Asia-Pacific Region."