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Focus Gaming News Asia Pacific | taxes

taxes

Check the latest taxes news

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08/23/20

IPI owes over US$9.4 million in taxes

According to a notice from the Department of Finance’s Division of Revenue and Taxation, the debts go back to 2017.

07/24/20

Russia imposes new tax on sports betting

The new tax will apply to operators who offer betting on overseas events. Bookmakers will also have to choose between a sports betting or tote licence.

07/21/20

IPI names CEO and asks for licence fee reduction

The casino operator still breached the July 10 deadline the CCC had established to replace former CEO Mark Brown.

07/19/20

Tax cut for Tigre de Cristal in Primorye

The Suncity-owned casino in Primorye, Russia resumed operations last week under strict Covid-19 restrictions.

07/12/20

Whistleblower claims POGOs using app to pay lower taxes

A software developer says she was asked to build an app to allow POGOs to keep parallel books and pay lower taxes.

07/10/20

POGOs won’t voluntarily leave the Philippines

A law firm representing POGOs says the slowdown during lockdown is the reason some POGOs haven’t applied for BIR clearance.

07/07/20

BIR commissioner continues to investigate POGOs

The POGO Task Force is said to be working on calculating the final withholding tax firms owe for their foreign workers.

07/02/20

POGOs must settle bills before leaving the country

The presidential spokesperson has said POGOs are liable for tax bills even if they decide to shut down operations and leave the Philippine market.

07/01/20

Warnings on economic impact of POGO “exodus”

ASPAP is concerned about potential job loses, the impact on the real estate industry and the economy in general.

06/26/20

Philippines: no tolerance on POGO tax evasion

In an official transmission from Malacañang Palace, the presidential spokeperson has weighed into the debate on POGOs’ tax obligations.

06/25/20

The Philippines expects P20 billion from POGOs

The Deparment of Finance says P20 billion is the minimum offshore operators should be giving to Philippines state coffers each year.

06/23/20

11 POGOs allowed to resume operations

11 operators have been given the green light by PAGCOR and the BIR.

06/04/20

Drilon: force POGOs to pay taxes for relief fund

The Senator wants to use POGOs’ P50 billion (€892.4 million) in unpaid taxes to fund Covid-19 recoverty programme.

05/11/20

Macau expects to collect US$6bn in gaming taxes

Full year forecast for casino taxes halved due to the negative impact of the Covid-19 outbreak.

05/08/20

Macau gives up tourist tax plans

Due to the negative impact the pandemic has had on the city and its gaming and tourism industries, the tax has been abandoned.

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Focus Gaming News is a media group that produces a daily online newspaper aimed at international gaming executives. This communication tool is visited by more than 140,000 monthly readers around the world and delivers up-to-date news from the gaming and iGaming businesses. Focus Gaming News also releases a daily newsletter and it is received by more than 35,000 subscribers. It features news on regulation, legislation, sports betting and online and land-based gaming, as well as reports on the latest products and trends, interviews with key specialists, and more. There are also Focus Gaming News, Focus Africa, Focus Latin America, Focus Brasil and Focus UAE – five daily releases focusing exclusively on these specific markets.