in Pagcor-licensed POGO firms and POGO service providers over a course of inspections last year.
“Pagcor also admitted that there were about 100 to 120 illegal POGO firms operating in the country. They were never clear what they intended to do about it, despite their mandate of regulating the gaming industry,” said Villanueva. “Meanwhile, they left their job to various government agencies who were left to fend for themselves.”
The lawmaker then called on the government to ramp up efforts to boost long-term public investments to attract new foreign direct investments in the country, which in turn will lead to massive employment. “The Philippines remains to be open for business, and we welcome to our shores investors who are able to create jobs and livelihood for our people. At the same time, we want enterprises that are responsible and faithful to the laws of our land,” said the senator.“The failure of POGOs to adhere to our laws resulted in their exit. This is what happened, plain and simple,” he concluded.
Hindi po may authority and govt to sequester POGOs' assets if tax is not paid?
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‘Goodbye,’ Palace tells POGOs unable to pay taxesMalacañang on Monday bid farewell to Philippine offshore gaming operations (POGOs) that are unable to pay their taxes. KAguilarINQ 👋👋👋 KAguilarINQ Ganun na Lang Yun?! KAguilarINQ Gago ang utang ay utang, singilin nyo mga yan bago paalisin
Source: inquirerdotnet - 🏆 3. / 86 Read more »
Senators to POGOs shipping out of PH: Good riddance'Good riddance.' This was the reaction of some senators on the Philippine Amusement and Gaming Corporation's (Pagcor) warning that offshore gaming businesses are starting to ship out due to issues with the country's tax regulations.
Source: manilabulletin - 🏆 25. / 51 Read more »
POGOs leaving PH over tax issues? ‘Huwag natin silang habulin’, says lawmakerLet them go. Philippine Offshore Gaming Operations (Pogo) businesses are not our loss. Senate Minority Leader Franklin Drilon said this Monday following the reported looming exodus of Pogos in the country as tax rules on online gaming are imposed. NAMercadoINQ POGOS are doing business here for free. China seems to think the PH is a tax haven for them. Meanwhile, the govt is thinking of anything it can tax against its own people. NAMercadoINQ NAMercadoINQ D na Kasi Kayo makaoperate Ng free 😝
Source: inquirerdotnet - 🏆 3. / 86 Read more »
‘Goodbye,’ Palace tells POGOs unable to pay taxesMalacañang on Monday bid farewell to Philippine offshore gaming operations (POGOs) that are unable to pay their taxes. KAguilarINQ 👋👋👋 KAguilarINQ Ganun na Lang Yun?! KAguilarINQ Gago ang utang ay utang, singilin nyo mga yan bago paalisin
Source: inquirerdotnet - 🏆 3. / 86 Read more »
Senators to POGOs shipping out of PH: Good riddance'Good riddance.' This was the reaction of some senators on the Philippine Amusement and Gaming Corporation's (Pagcor) warning that offshore gaming businesses are starting to ship out due to issues with the country's tax regulations.
Source: manilabulletin - 🏆 25. / 51 Read more »
POGOs leaving PH over tax issues? ‘Huwag natin silang habulin’, says lawmakerLet them go. Philippine Offshore Gaming Operations (Pogo) businesses are not our loss. Senate Minority Leader Franklin Drilon said this Monday following the reported looming exodus of Pogos in the country as tax rules on online gaming are imposed. NAMercadoINQ POGOS are doing business here for free. China seems to think the PH is a tax haven for them. Meanwhile, the govt is thinking of anything it can tax against its own people. NAMercadoINQ NAMercadoINQ D na Kasi Kayo makaoperate Ng free 😝
Source: inquirerdotnet - 🏆 3. / 86 Read more »