Watch more in iWant or TFC.
tv MANILA - Classifying Philippine offshore gaming operations as business process outsourcing firms will allow them to skip the payment of license fees, resulting in the loss of some P50 billion overdue franchise fees, Sen. Franklin Drilon said Tuesday.
"Kung sasabihan natin silang pwede sila mag-operate dahil sila’y BPO edi hindi natin sila pwede kolektahan ng franchise tax o license fee na kinokolekta ng PAGCOR." It said BPOs come to the Philippines to leverage off the Philippines' human capital, directly benefiting millions of Filipinos by providing them with better employment opportunities throughout the years.
Albay Rep. Joey Salceda, chair of the House Ways and Means Committee, earlier said government must first collect the unpaid taxes of Chinese offshore gaming firms before allowing them to resume operations.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Are POGOs considered BPOs? Debate ragesAre Pogos BPOs?Gaming regulator Philippine Amusement and Gaming Corp. (Pagcor) and Malacañang believe so, thus allowing Philippine offshore gaming operators (Pogos) to resume operations despite the Luzon-wide lockdown.
Read more »
POGO debate focuses on tax takeMANILA, Philippines — While House representatives debated the propriety of allowing Philippine offshore gaming operators (POGOs) to resume business, they at least agreed to compel POGOs to pay their
Read more »
POGOs face new Senate probe, disowned by BPO industryCDNTopStories: The Information Technology and Business Process Association of the Philippines (Ibpap) on Saturday rejected any similarity between online gambling and the outsourcing business. Read more:
Read more »
Industry speaks up: POGOs are not BPOs'IT-enabled jobs BPO companies create are of much higher value, requiring a range of technical, domain, and soft skills,' says the IT and Business Process Association of the Philippines.
Read more »
Villanueva questions 'VIP treatment' for POGOs, warns of high risks in reopeningThe partial reopening of Philippine Offshore Gaming Operators or POGOs may pose 'high risks' to communities amid the COVID-19 pandemic, a lawmaker said.
Read more »
POGOs like BPOs? Drilon says PH to lose franchise tax, license feesSenator Risa Honriveros also slams Pagcor for releasing a full-age ad on POGOs, asking why the regulatory body is doing public relations for them.
Read more »