The BIR charged POGO P4.4B

The BIR charged POGO P4.4B

MANILA, Philippines – The tax collected by the Bureau of Internal Revenue from Philippine Offshore Gaming Operators (POGOs) has reached P4.4-billion in the first eight months of the year.

This is what the agency said this Monday, October 3 at the same time as the hearing in the Senate where it immediately surpassed the one year revenue in 2021.

BIR Director Atty. Sixto Dy Jr. that the agency collected P4.438-billion in taxes from January to August this year higher than the P3.91 billion collected throughout the year in 2021.

It can be remembered that last year the collected tax decreased despite the passage of Republic Act 11590 or POGO Law by former president Rodrigo Duterte.

“However, contrary to the lofty expectations, POGO entities have not returned to the Philippines and the number of foreign nationals employed by POGOs have not reached its pre-pandemic levels but drastically decreased…,” ayon sa BIR.

In the agency’s presentation, it can be seen that there are said to be 163 POGO entities in the country as of June 2022, consisting of 35 licensees and 130 service providers.

26 of the licensees and 127 service providers are operational.

There are 34,245 workers in the POGO industry, 17,509 of them are foreigners and 16,736 are Filipinos.

This is higher compared to the 30,583 individuals registered last year but lower than the 42,385 individuals in 2020. RNT/JGC

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