Section 7
SEC. 7. In consideration of this franchise the grantee shall pay a tax equivalent to five percent of its gross income.
RA 5937 Section 7
SEC. 7. In consideration of this franchise the grantee shall pay a tax equivalent to five percent of its gross income.
CitationRA 5937 Section 7 (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).