Dominguez: Some POGOs ‘canceling’ PH lease contracts ‘for lack of business’

This was disclosed after Senate Minority Leader Franklin Drilon asked Dominguez on the projected revenues the government can earn with the revised computation of the franchise tax collected from POGOs under the Bayanihan to Recover as One Act.Dominguez was not able to give a specific amount but assured that the DOF will provide the Senate with the projected figures as soon it becomes available.

In June, the Philippine Amusement and Gaming Corp. reported a looming POGO “exodus” due to tax issues. This, after Macau-based Suncity Group, the world’s largest junket operator, closed down its POGO unit in the country. It was also revealed in the same hearing that many POGO workers have yet to secure tax identification numbers.

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LIVE: Senate hearing on the 'pastillas scheme' in POGO industryThe Senate probes alleged money laundering, crimes, and other nefarious activities associated with POGO operations. Bookmark this page to watch the Senate hearing at 10 am. The Philippines as scavenger of the trash that the communist govt. of China declared illegal for being harmful to its society. Sayang hindi ma white sand ang dire effects ng gambling, prostitution, kidnapping drug use, extortion, etc. that come with it.
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