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Bill imposing a 5% gaming tax on POGOs up for Senate debate


Bill imposing a 5% gaming tax on POGOs up for Senate debate
By HANA BORDEY, GMA News
Published May 25, 2021 5:45pm
A bill imposing a 5% gaming tax on all Philippine offshore gaming licensees, including gaming operators, gaming agents, and service providers, is now up for Senate plenary debate.
Senate Ways and Means Committee chair Pia Cayetano on Tuesday sponsored Senate Bill 2232 which establishes a tax regime on Philippine Offshore Gaming Operators (POGO).
In sponsoring the measure, Cayetano said the bill will address the claim of POGO operators that they are not required to register and pay taxes with the Bureau of Internal Revenue (BIR) as their income sources are not within the Philippines. ....

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Press Release - Sen Pia's sponsorship speech on the Bill Taxing POGOs


Press Release
Committee Report No. 262 on Senate Bill No. 2232 (as delivered)
By Senator Pia S. Cayetano
Chairperson, Senate Committee on Ways and Means
Mr. President and distinguished colleagues, today, I rise to sponsor and seek your support for Senate Bill No. 2232, per Committee Report No. 262, which establishes the tax regime of Philippine Offshore Gaming Operators, otherwise known as POGOs.
These online gaming facilities have become a growing industry in the Philippines, generating additional revenues for the national government in the past year. According to the BIR, POGO collections in 2020 amounted to P7.18 billion, which is 11.71% higher than the P6.42 billion collection in 2019 of the same industry. ....

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