POGO To Be Shutdown If Found Operating

POGO to be shutdown if found operating. The Philippines Offshore Gambling Operator and service providers will be immediately shutdown by the The Philippines’ Bureau of Internal Revenue if it was found to be operating.

This motion stems from the fact that not one POGO has fully paid off their tax obligations. BIR Deputy Commissioner and POGO task force head Arnel Guballa informed on Thursday that POGOs were “still in the process of complying with the requirements, including payments,” but that none had so far been granted approval to resume operations following the easing of some COVID-19 restrictions across the country.

The Department of Finance said the BIR was “making sure that POGOs and their respective service providers are properly registered and will pay the correct amount of income taxes and franchise fees to the government before they are allowed to resume operations during the quarantine period.”

“All POGO licensees, operators and service providers should also submit a notarized undertaking affirming their commitment to pay all tax arrears for prior years of their operations and should be registered with the respective revenue district office having jurisdiction over their places of business.” the department added.

[image: Pixabay]

bitcoin
Bitcoin (BTC) $ 98,500.39 4.48%
ethereum
Ethereum (ETH) $ 3,367.17 9.30%
tether
Tether (USDT) $ 1.00 0.15%
solana
Solana (SOL) $ 257.11 8.68%
bnb
BNB (BNB) $ 623.47 2.34%
xrp
XRP (XRP) $ 1.22 10.19%
dogecoin
Dogecoin (DOGE) $ 0.387351 1.90%
usd-coin
USDC (USDC) $ 0.999464 0.18%
staked-ether
Lido Staked Ether (STETH) $ 3,368.16 9.57%
cardano
Cardano (ADA) $ 0.817115 1.31%
   
$0.0000  $0.0000  (0.00%)
   
$0.0000  $0.0000  (0.00%)
   
$0.0000  $0.0000  (0.00%)
   
$0.0000  $0.0000  (0.00%)
   
$0.0000  $0.0000  (0.00%)
   
$0.0000  $0.0000  (0.00%)