MANILA, Philippines — A bill seeking to establish the tax regime covering Philippine offshore gaming operators (Pogos) reached the Senate plenary on Tuesday.
Senator Pia Cayetano, the chairperson of the Senate ways and means committee, endorsed for plenary approval Senate Bill No. 2232, which seeks to amend the National Internal Revenue Code (NIRC).
The measure is contained under Committee Report No. 262, which is signed by 14 senators.
“These online gaming facilities have become a growing industry in the Philippines, generating additional revenues for the national government in the past year,” Cayetano said in her sponsorship speech.
She cited data from the B…
Keep on reading: Pogo tax regime bill reaches Senate plenary