House committee approves bill imposing 5 percent franchise tax on POGOs | Business Nightly

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The taxability of Philippine offshore gaming operations is now in contention after the House Ways and Means Committee approved a bill seeking to impose a 5 percent franchise tax on the booming industry.

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Dapat meron tax ang pogos. Also limit their operations. Require more locals to be employed. Do not belive pogos that additional 3% is difficult for them.

baniavedillo