Section 12Sec./Art. 12

Tax Provisions. The grantee shall be subject to the payment of all taxes, duties, fees, or charges and other impositions under the National Internal Revenue Code (NIRC) of 1997, as amended, and other applicable laws: Provided, That nothing herein shall be construed as repealing any specific tax exemptions, incentives or privileges granted under an relevant law: Provided, further, That all the rights, privileges, benefits and exemptions accorded to existing and future telecommunication franchises shall likewise be extended to the grantee.

The grantee shall file the return with the city or province where its principals office located and pay the taxes due thereon to the Commissioner of Internal Revenue or his duly authorized representatives in accordance with the NIRC and the return shall be subject to audit by the Bureau of Internal Revenue.