MANILA – Philippine Offshore Gaming Operators (POGOs) that fail to pay their taxes will be prohibited to resume operations, Malacañang said on Thursday.
The government will stand by its policy that operators need to settle their unpaid taxes first before being allowed to operate in the country.
According to Presidential Spokesman Harry Roque, The government will be strict on policy implementation ensured that the Duterte administration would not tolerate tax-evading POGOs.
Finance Secretary Carlos Dominguez III revealed that his team is now probing a report that several POGOs have resume operations despite failures to settle their unpaid taxes required by the government.
The investigation was launched after Senator Joel Villanueva’s recent revelations that only two POGOs so far we’re able to settle their taxes but several POGOs have resumed their operations.
There are 60 licensed POGO operators currently operating in the Philippines. In the span of 3 years, PAGCOR was able to collect over PHP18 billion in revenues from POGOs.
The Senate has agreed to make a bill that would ban POGOs in the Philippines as the industry has been linked to criminality and corruption.
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