Archive

_2021-01-27
Philippine Offshore Gaming Operators (POGOs) have won a reprieve from a punishing franchise tax, which may stop the exodus from the country, but uncertainty over business conditions remains high, industry insiders say.

_2021-01-06
The Department of Finance (DOF) said it will comply the Supreme Court’s order barring the imposition of franchise tax on all bets generated by Philippine offshore gaming operations (POGOs).

_2021-01-05
The Philippine Supreme Court has granted a temporary restraining order against the collection of a 5 percent franchise tax from Philippine Offshore Gaming Operators (POGOs) following a petition from 14 foreign-based firms.

_2020-09-14
Philippines President Rodrigo Duterte has signed an economic recovery package into law that will seek to more than double the amount of revenue the government gets from Philippine Offshore Gambling Operators (POGOs).

_2020-07-27
The Philippines’ Bureau of Internal Revenue has reiterated that Philippine Offshore Gaming Operators (POGOs) need to pay a 5-percent franchise tax before they can resume their operations and denied that the levy was a new cost for business.

_2019-10-30
A bill that clarifies taxes on Philippine Offshore Gaming Operations, including a proposal for a 5 percent franchise tax on gross receipts, was filed in the House of Representatives on Wednesday