Sunday, October 17, 2021

Tag: pogo

POGO’s set for tax hike after presidential intervention

Philippines tax Rodrigo Duterte
Despite heavy opposition, the Philippines’ president, Rodrigo Duterte, urges lawmakers to rush through a bill to add taxes to the online gambling sector and its employees - in a bid for billions in extra tax pesos that could fund the covid recovery.

Duterte shields POGOs from mounting critics, for now

Philippines Rodrigo Duterte
Philippine president Rodrigo Duterte has stepped between offshore operators and their mounting chorus of critics - offering a temporary reassurance of their right to remain in business

Philippines government increases tax share from POGOs

philippines duterte
The Philippine Bureau of Internal Revenue has published a new levy on offshore gaming operators in a bid to reportedly “reduce foregone revenue.”   The ruling, announced on 27 December by Internal revenue Commissioner Caesar R Dulay as part of the Revenue Memorandum Circular No.102- 2017, requires all POGO license holders pay an increased franchise tax based on gross earnings. The new...