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RA 677 Section 10

Section 10

SEC. 10. The grantee shall be liable to pay the same taxes on its real estate, buildings, and personal property, exclusive of the temporary permit tax, as other persons or corporations are now or hereafter may be required by law to pay. The grantee shall furthermore be liable to pay all other taxes imposable by the Government under the National Internal Revenue Code by reason of this temporary permit. In order to aid in the educational upbringing of the people through wider dissemination of news information so essential in a democracy, the grantee shall be exempt from the payment of the percentage tax on gross receipts so long as said grantee, or its successors and assigns, limits itself to the reception of news only for publication and/or distribution to newspapers and other information media in the Philippines.

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Other provisions in RA 677

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 677 Section 10 (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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