Section 5
SEC. 5. The grantee shall be liable to pay the same taxes on its real estate, buildings and personal property, exclusive of the temporary permit, as other persons corporations are now or hereafter may be required by law to pay.
RA 511 Section 5
SEC. 5. The grantee shall be liable to pay the same taxes on its real estate, buildings and personal property, exclusive of the temporary permit, as other persons corporations are now or hereafter may be required by law to pay.
CitationRA 511 Section 5 (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).