Connect with us

Hi, what are you looking for?


Senate may follow House in passing POGO tax measure

THE SENATE may also pass a measure taxing Philippine Offshore Gaming Operators (POGOs), after the House of Representatives approved on third reading a bill taxing foreign POGO staff.

Senate President Vicente C. Sotto III told BusinessWorld in a Viber message Tuesday that the Senate will “most probably” also pass a bill taxing POGO workers.

Senate President Pro Tempore Ralph G. Recto said he has filed a bill imposing a 30% tax rate on the POGO industry.

“Surely, we can reconcile both bills,” Mr. Recto said in a text message Tuesday.

“Government needs all the taxes/revenue it can collect from the industry,” he added.

Senator Juan Edgardo M. Angara, vice chairman of the Ways and Means committee, said he “personally supports a measure that will put the industry on a clearer footing fiscally since there is some debate as to which taxes are due.”

“It is better to have a regulated and supervised gaming industry rather than one that exists underground,” he said in a text message.

Mr. Recto in January 2020 filed Senate Bill No. 1295 aiming “to establish the tax regime” for POGOs, to be incorporated in the National Internal Revenue Code (NIRC).

Under the measure, which is pending at the committee level, Philippine-based and overseas POGOs are subject to an income tax rate of 30%.

The measure also seeks to impose a franchise tax equivalent to 5% of gross receipts derived from offshore gaming operations.

Mr. Recto said that in his explanatory note that “peculiarity of the nature of its business activity creates confusion in the enforcement of our existing tax laws.”

Inclusion in the Tax Code “is necessary to remove any doubt and avoid confusion whether or not POGOs are taxable in our jurisdiction,” according to the note.

The House of Representatives on Monday approved House Bill (HB) No. 5777, amending the NIRC to tax persons engaged in POGOs.

The bill will require foreigners employed by offshore gaming operators in the Philippines to pay a final withholding tax of 25% of their income.

It also wants to impose 5% excise tax on the gross revenue or receipts from POGO gaming operations.

The House of Representatives on Tuesday informed the Senate its approval of HB 5777. — Vann Marlo M. Villegas

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!



As VAT reaches a historic milestone of 50 years in UK law, the head of VAT at an organisation supporting more than 4,500 businesses...


THE PESO edged higher against the dollar on Thursday on easing worries over the global banking sector and amid the smaller month-on-month increase in...


PHILIPPINE STOCKS rose further on Thursday in thin trade amid easing banking fears and positive data. The Philippine Stock Exchange index (PSEi) rose by...


By Sheldeen Joy Talavera DENMARK’s Copenhagen Infrastructure New Markets Fund (CINMF) on Thursday signed agreements to develop three offshore wind sites, becoming the first...


THE signing of the free trade agreement (FTA) between the Philippines and South Korea is expected by June or July, according to the Department...


ANY EFFORT to diversify exports starts with agricultural products, preferably those unique to the Philippines, an official with the exporters’ association said. Senen M....

You May Also Like


Browsing history makes referring to sites and pages you’ve visited in the past seamless. It’ll help you recall what page you checked out on...


The minute that any question pops into your head, you can simply ask Google. No longer do we have to pour over books and...


Having a good Instagram marketing agency to back up your Instagram account is an absolute must going into the new year. With competition stronger...


Insomnia is the most common sleep disorder in the global population. Therefore, it is a problem that many people suffer or have suffered throughout...

Disclaimer:, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 SmartRetirementReport. All Rights Reserved.