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August 10 deadline for POGOs – BIR

Philippine Offshore Gaming Operators (POGO) service providers should remit their workers’ monthly withholding taxes by August 10, the Bureau of Internal Revenue (BIR) reminded.

by Allan Yves Briones

Philippine Offshore Gaming Operators (POGO) service providers should remit their workers’ monthly withholding taxes by August 10, the Bureau of Internal Revenue (BIR) reminded.

Under BIR rules, employers are to remit withholding taxes on the tenth day of each month.

“Six companies initially remitted, [but] others will follow,” said BIR Deputy Commissioner Arnel Guballa last week during the agency’s 115th anniversary celebration.

While Guballa withheld the names of the first six companies, citing the revenue bureau’s confidentiality policy established to protect the welfare of their taxpayers, he did note that the initial P200 million collected came from companies which provided Information Technology, live dealer, call center and back office support services to POGOs.

Guballa expects that the rest of the 248 POGO service providers licensed within the Philippine Amusement and Gaming Corporation system will do the same in three days’ time.

Upon full compliance from the aforementioned service providers, Guballa added, he expects the initial P200 million to grow in the succeeding months to hit their current P24 billion target.

The BIR and the Department of Finance (DOF) have began working hand in hand in a campaign which seeks to collect taxes on unregistered alien workers, who are mostly Chinese.

In an effort to facilitate access to this new revenue source, the DOF has even waived certain requirements to ensure ease in the issuances of Tax Identification Numbers.

DOF Secretary Carlos Dominguez III said at the BIR anniversary last week that for the sake of fair taxation, they will be going after foreign nationals and their employers to make sure they remit their contributions, the same as every Filipino citizen.

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