MANILA, Philippines – The House of Representatives has passed on final reading a measure that seeks to impose taxes on persons involved in Philippine offshore gaming operations (Pogos).
Members of the lower chamber voted 198-13-2 to approve on third reading House Bill 5777, which amends the National Internal Revenue Code of 1997.
The taxation scheme on Pogos is projected to raise around P 45 billion in revenues for the government.
Among those who voted against the measure were the six members of the Makabayan bloc, House minority leader and Abang-Lingkod Rep. Joseph Stephen Paduano, and House Deputy Speaker and Manila 6th District Rep. Bienvenido Abante.
Abante, in his explan…
Keep on reading: House OKs Pogo tax bill on final reading