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BIR lifts closure order vs POGO firm

 

THE Bureau of Internal Revenue (BIR) has lifted the closure order against a Philippine offshore gaming operator (POGO) service provider after it promised to settle its P1.3-billion tax liabilities.

According to a letter obtained by reporters on Tuesday, BIR Deputy Commissioner Armel Guballa issued the lifting of the closure order against Great Empire Gaming and Amusement Corp. (Gegac) on Sept. 27, 2019.

“I approved the recommendation of POGO Task Force [to lift the closure order], and [the] BIR received [an initial] payment of P250 million,” BIR Commissioner Caesar Dulay said in a message shared by Finance Secretary Carlos Dominguez 3rd.


Dulay said the firm committed to pay the balance of P1.3 billion in three months.

With the lifting of the closure order, Gegac can resume its operations, Dulay said.

Gegac was shut down on September 25 after failing to register with the tax agency.

The service provider has offices at the Subic Freeport, Quezon City and Aseana City in Parañaque.

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Today’s Front Page February 22, 2020

Today’s Front Page February 22, 2020