SEC. 3. The Metropolitan Express Company, Incorporated, in addition to the taxes imposed by the Internal Revenue Code, shall also pay art additional annual tax at the rate of one per cent on its net profit, the proceeds of which shall accrue to the National Government.
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
CitationRA 2041 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).
