BAGUIO CITY, Philippines – The government is toothless against erring Philippine offshore gaming operators (POGOs) in the country, even with the newly created interagency task force, a lawmaker said yesterday. “TF POGO is toothless,” said ACT-CIS partylist Rep. Eric Go Yap, who chairs the House committee on games and amusements. “This is a domestic licensee which we want to (charge) with the five percent franchise tax. This is the first time that the BIR has shut down the operations of a POGO licensee. Pursuant to Presidential Decree 1869, casino franchise holders are subject to a five percent franchise tax on their gross gaming revenue, in lieu of all taxes.

Source: Philippine Star February 21, 2020 16:30 UTC