MANILA, Philippines — An estimated P28.7-billion is projected to be collected this year from Philippine offshore gaming operators (Pogos) once the bill establishing a tax regime for the industry is enacted into law.
During the Senate interpellation on Senate Bill No. 2232, Senator Pia Cayetano said the measure could lead to the collection of P28.7 billion in gaming and withholding taxes from Pogos in 2021.
“Then for 2022, it’s P32 billion,” added Cayetano, who is sponsoring the measure as chairperson of the Senate ways and means committee.
The bill, the passage of which was recently certified as urgent by President Rodrigo Duterte, seeks to amend the National Internal Reve…
Keep on reading: P28.7B projected to be collected from Pogos in 2021 under tax regime bill