Minister Of Finance Philippines Issued A Warning Pogo

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April 22, 2022
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Carlos dominguez iii, the current minister of finance, said that the government of the country will continue to impedee the work of the philippine offshore gembling operators (pogo) and their providers in connection with tax evasion.

Minister of Finance Philippines Issued A Warning Pogo

Also carlos dominguez said that the task force, which is headed by the internal revenue bureau (bir), has already temporarily stopped the work of three pogo objects and collected about pogo objects and collected about 1.2 billion philippine peso from one of them ($ 25 billion) in the form of debt for unpaid taxes.

Bir reported that in the period from january 1 to august 31, the pogo and their providers were collected about 1.63 billion pesos. Also, pogo returned 175 million pesos in the form of refund taxes in 2017 and 579 million pesos last year. Carlos dominguez stressedd that the government comes against those who sy away from paying taxes.

Bir’s depeuty commissioner arnel guballa clarified that the bureau revealed 108,914 foreign employees working in 218 pogo facilities, as well as on behalf of pogo providers. At the same time, on november 20, a bill on introduction of tax in 5% (instead of the previous 2%) on the annual gross income of offshore gembling operators philippines. This bill was introduced by authorized joey salsen.

In september bir temporarily suspended the work of the great empire gaming and amusement corporation (gegac) for errors in the season of taxes. The company was supposed to make an initial contribution of 250 million pesos before paying the debt to 1.05 billion peso three payments.

It is also known that in october bir stopped the work of two offices that belong to altech innovations business outsourcing, due to the fact that the company did not register as a taxpayer, thereby violating the country.

Recall, regulators on gambling in sweden and the united kingdom began cooperation with the online segment.

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