Loading
Breaking
Now Reading: UNANIMOUSLY | House panel OKs 5% tax on POGOs
UNANIMOUSLY | House panel OKs 5% tax on POGOs
November 18, 2019 , 05:59 PM

(NOVEMBER 18, 2019) – The ways and means panel at the lower house of Congress has approved a bill imposing new taxes on the controversial Philippine offshore gaming industry, a lawmaker said on Monday.

Albay 2nd District Representative Joey Salceda, who chairs the house committee on ways and means, said they had unanimously approved the proposed House Bill No. 5267, which sets a 5 percent franchise tax for Philippine Offshore Gaming Operators (POGOs).

The revenue measure also seeks to impose a 25 percent income tax on workers earning $1,000 or P50,000 per month.

If passed into law, it will raise P45 billion for the national government, Salceda said.

“Ang gambling ay ‘di promoted activity. Instead of prohibiting them, the best way is to tax them,” he said.

Last September, the government threatened to shut down POGOs that have failed to comply with tax liabilities of their foreign workers.

Tax liabilities of POGOs have grown to P21.62 billion despite the issuance of 130 letter-notices, the Department of Finance reported.

READ ALSO: ‘START CLOSING THEM’ | Dominguez orders clamping down of POGOs

But the Office of the Solicitor General said the gaming sector cannot be taxed as it earns from bets placed by registered foreign subscribers, based on a report of the Philippine Star.

The position did not sit well to some senators, including Minority Leader Franklin Drilon, who described it as “misplaced and misguided” opinion that may “open a can of worms” in the country’s tax system.

“The government has the right to tax POGOs, consistent with the position of the economic managers. POGOs owe the government billions in unpaid taxes,” Drilon said.

The Chinese government has called on the Philippines to prohibit online gambling, after the latter imposed a moratorium on new applications for POGOs in August.

An estimated half a million Chinese are employed in POGO since President Rodrigo Duterte came into office in 2016. Gambling is illegal in China forcing people to flock into casinos and bet on online games in most Southeast Asian companies.

The administration, however, has yet to make a stand on whether it will heed Beijing’s appeal. (Karen Macalalad/MM)

READ ALSO: AMID POGO MORATORIUM | China wants online gambling banned in PHL

More From News5
WOTD | DRAWER
Ang tawag sa pumipirma sa tseke. Alamin ang iba't ibang termino sa usapang legal kasama si Atty. Mel Sta. Maria.
Published On: December 3, 2019
Shabu sa paracetamol
Isinilid ng dalawang drug suspects sa Caloocan ang 12 sachet ng shabu sa kahon ng gamot para hindi raw mahalata ng mga pulis.
Published On: December 3, 2019
Maguindanao massacre 10th anniversary
Umapela si Maguindanao Rep. Toto Mangudadatu na huwag kalimutan ang sinapit ng mga biktima sa malagim na massacre. | via Romel Lopez
Published On: December 3, 2019
VP Robredo, ilalabas ang natuklasan sa war on drugs
Iginiit ng sinibak na anti-drug czar na si Vice Pres. Leni Robredo na pinagtulungan at pinagkaisahan siya para hindi magtagumpay sa kampanya kontra iligal na droga. | via Maricel Halili and Jenny Dongon
Published On: December 3, 2019
WOTD | BILL OF RIGHTS
Mga probisyon sa Saligang Batas na sinasaad ang mga sibil at politika na karapatan ng tao at nagbibigay ng limitasyon sa kapangyarihan ng gobyerno. Alamin ang iba't ibang termino sa usapang legal kasama si Atty. Mel Sta. Maria.
Published On: December 3, 2019
Paalala ng Pangulo sa dalawang House leader
Ipinaalala ni Pres. Duterte na dapat masunod ang gentleman's agreement nina Rep. Alan Peter Cayetano at Rep. Lord Allan Velasco kaugnay ng hatian sa speakership sa Kamara.
Published On: December 3, 2019
"There was a lapse in judgment and I acknowledge that." - Raffy Tulfo
Nilinaw ni Raffy Tulfo na naayos na ang isyu tungkol sa guro sa Maynila na inireklamo matapos umanong mamahiya ng estudyante. Nanawagan din siya na huwag nang palakihin pa ang isyu.
Published On: December 3, 2019
Robredo, determinado pa rin sa kampanya kontra droga
Isasapubliko raw ni Vice Pres. Leni Robredo ang kanyang mga natuklasan at rekomendasyon kaugnay sa drug war. "Makakaasa kayo: kahit tinanggalan ako ng posisyon, hinding-hindi nila kayang tanggalin ang aking determinasyon."
Published On: December 3, 2019
'Gov't can't just sit idly and wait for VP Leni to perform' -Panelo
Hindi naman daw puwedeng maghintay lang ang Palasyo kung kailan magpe-perform ng kanyang trabaho si VP Leni Robredo bilang co-chairperson ng ICAD. Nagbigay ng dalawang dokumento ng rekomendasyon si Robredo sa Pangulo pero huli na para gawin ito, ayon kay Presidential Spokesman Salvador Panelo.
Published On: December 3, 2019
Sec. Villar: Build, Build, Build program, "on track"
Ipinagtanggol ni DPWH Sec. Mark Villar ang Build, Build, Build program ng pamahalaan matapos na punahin ng Sen. Franklin Drilon ang mabagal nitong pag-usap. | via Jove Francisco
Published On: December 3, 2019
Top Stories
EARTHQUAKE IN MINDANAO | Magnitude 6.9 quake jolts Davao, kills 4
December 15, 2019 – Four people were killed and about a dozen were injured when a powerful earthquake shook Davao Del Sur on Sunday, the Phil
Published On: December 15, 2019
RETRIEVAL OPS | New Zealand divers search contaminated waters for volcano victims
WELLINGTON, Dec 14 (Reuters) – New Zealand divers searched contaminated waters near the volcanic White Island on Saturday in an attempt to re
Published On: December 14, 2019
‘MISGUIDED’ | US Senate reso backing De Lima, Ressa, intrusion on PH sovereignty – Panelo
December 14, 2019 – Malacañang on Saturday said that the resolution of the US Senate Committee on Foreign Relations calling for the immediat
Published On: December 14, 2019
‘ECONOMIC SABOTAGE’ | Duterte threatens military takeover of water firms
(DECEMBER 13, 2019) — President Rodrigo Duterte on Thursday threatened a military takeover of water firms Manila Water and Maynilad over the R
Published On: December 13, 2019
ECO BLOCKS & TILES | Kenyan scientist builds roof tiles from broken bottles and plastic wastes
By Nita Bhalla   GILGIL, Kenya, DECEMBER 13, 2019 (Thomson Reuters Foundation) – Hope Mwanake understands the plastic pollution crisis f
Published On: December 13, 2019