SEC. 3. Subsection (d) of Section 53 of the National
Internal Revenue Code, as amended by Presidential Decree No. 299-A, is
hereby further amended to read as follows:
"(d) Withholding tax on certain dividends. — The tax
imposed under Section 24 (b) (1) and (d) of this Code on dividends shall
be withheld by the payor corporation and paid in the same manner and
subject to the same conditions as provided in Section 54 of this Code."
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 369 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).
