RA 3260 Section 3

Section 3

SEC. 3. The grantee, in addition to the taxes fixed and imposed by the Internal Revenue Code, shall likewise pay an additional annual tax of one per cent on its net profit, the proceeds of which shall accrue to the National Government.

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Other provisions in RA 3260

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 3260 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).

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