Monday, October 18, 2021
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Rodrigo Duterte, POGO, Tax Law

Duterte’s new POGO tax law to raise P144 billion in revenues

President Duterte signed in a new law taxing online casinos, which stipulates that POGOs must pay a 5 percent tax on their GGR, whilst foreign employees working there are required to pay a 25 percent income tax.

PAGCOR flags P1.36 billion hole left by delinquent POGOs

The Philippine Amusement and Gaming Corporation (PAGCOR) failed to collect P1.4 billion worth of receivables from POGOs in 2020, according to a report from the Commission on Audit.
POGO, philippines, stable

PAGCOR head says POGOs left country for Cambodia, Vietnam and Laos

PAGCOR Chair Andrea Domingo says that Philippine Offshore Gaming Operators (POGOs) that have left the country are setting up shop in Cambodia, Vietnam and Laos.
Online gambling offices

POGO tax bill set to be adopted, places 5% rate on GGR

The House of Representatives in the Philippines is reportedly going to adopt the new bill clarifying the tax liabilities of Philippines Offshore Gaming Operators, or POGOs.
Pogos Philippines offices

“Revenge comeback” for POGOs in Philippines, report

Philippine offshore gaming operators (POGOs) are reportedly making a "revenge comeback" to the nation after suffering a mass exodus due to COVID-19 and increased regulations.

POGO tax collections falling about 50 percent in 2021

Philippine Bureau of Internal Revenue Deputy Commissioner Arnel Guballa has told senators that latest projections show POGO tax collections settling at (US$82.3 million), just half the PHP7.18 billion raised in 2020.

POGO registration guidelines eased

The Anti-Money Laundering Council (AMLC) has relaxed the registration guidelines for Philippine offshore Gaming Operators (POGOs) as well as for real estate developers and brokers.

POGO tax bill passes lower house

The Philippines’ House of Representatives has passed a new bill imposing taxes on Philippine Offshore Gaming Operations (POGOs), but it will still need to be reconciled with upper house legislation before it can become law.

Record US$151 million collected in POGO taxes in 2020

Taxes collected by the Bureau of Internal Revenue (BIR) from the Philippine Offshore Gaming Operators (POGOs) increased to PHP7.18 billion (US$151 million) in 2020, despite the suspension of operations last year due to community lockdowns and the flight of many firms.

Philippines legislature working on new bill for taxing POGO workers

The Philippine House of Representatives has started considering the substitute bill to House Bill 5777 on taxing persons engaged in Philippine Offshore Gaming Operations (POGOs). House Committee on Ways and Means Chair Joey Sarte Salceda hopes the additional revenues will prove useful for the cash strapped government.