Representative Joey Salceda proposed a measure to collect 5 percent from POGO revenues for the government.<\/p>\n\n\n\n\n\n\n\n
Philippines.- Representative Joey Salceda proposed a measure to impose a 5 percent franchise tax on gross winnings of POGOs (Philippines Offshore Gambling Operators). It will be delivered to the plenary next week.<\/p>\n\n\n\n
Salceda informed local media that the tax has been made to raise as much as P60 billion for the government. \u201cEssentially, Pagcor (Philippine Amusement and Gaming Corporation) should collect the five percent from the POGOs and remit it to the BIR. They are paying the income tax, especially the service providers. But nobody pays the five percent\u201d, said the representative, quoted in the Manila Bulletin. <\/p>\n\n\n\n
Salceda is pushing the bill ahead despite a legal opinion from the Office of the Solicitor General that the POGOs cannot be taxed, citing a \u201csource of income\u201d provision in the tax code.<\/p>\n\n\n\n
The government has been pushing to close irregularities in POGO operations such as illegal workers and is seeking to collect the correct level of taxes.
<\/p>\n","protected":false},"excerpt":{"rendered":"
Representative Joey Salceda proposed a measure to collect 5 percent from POGO revenues for the government.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Representative Joey Salceda has proposed a 5% franchise tax on the gross winnings of Philippines Offshore Gambling Operators (POGOs), aiming to generate P60 billion for the government. This legislative push faces legal contention from the Office of the Solicitor General, which asserts POGOs cannot be taxed under current provisions, highlighting ongoing regulatory and compliance challenges within the sector.","focusai_entities":"Joey Salceda, POGOs, Pagcor, BIR, Office of the Solicitor General, Manila Bulletin","focusai_location":"Philippines","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (1.0), operator_casino (0.9), investor_analyst (0.85), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Legal Basis of Tax","query":"What specific 'source of income' provision in the tax code is cited by the Office of the Solicitor General, and how does this legal interpretation challenge the proposed 5% franchise tax on POGO gross winnings?"},{"label":"POGO Financial Impact","query":"Beyond the P60 billion revenue target, what are the projected impacts on POGO operators' Net Gaming Revenue (NGR) and operational sustainability if the 5% franchise tax on gross winnings is enacted, especially for B2C entities?"}],"footnotes":""},"categories":[160,154,156,16333],"tags":[128,1205,1206],"class_list":["post-1349","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-legislation-news","category-regulation-news","category-south-east-asia-news","tag-philippines","tag-pogo","tag-tax"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/1349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=1349"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/1349\/revisions"}],"predecessor-version":[{"id":1351,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/1349\/revisions\/1351"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=1349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=1349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=1349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}