Senator Francis “Chiz” Escudero on Sunday warned that banning Philippine Offshore Gaming Operators (POGOs) could prompt tax hikes to cover the prospective foregone revenues.
The DOF is already pushing for additional tariffs such as value-added tax (VAT) on digital transactions and single-use plastics.
Source: www.gmanetwork.com
Latest Posts in "Philippines"
- BIR Exempts Power Subsidies from VAT and Withholding Tax
- Philippines Petition Seeks to Abolish VAT on Digital Books and Content
- BIR Exempts Two Power Charges from VAT to Cut Electricity Costs
- Philippines Clarifies VAT Rules for Non-Resident Digital Service Providers
- BIR Bars Foreign Tech Giants from Using Tax Treaties to Dodge VAT














