31.1 C
Tuesday, February 25, 2020
Home Business Top Business BIR closes 2nd POGO service provider

BIR closes 2nd POGO service provider


THE Bureau of Internal Revenue (BIR) has shuttered another Philippine offshore gaming operator (POGO) service provider after failing to register with the tax agency.

The BIR, in coordination with the Department of Finance, padlocked on Thursday the offices of Altech Innovations Business Outsourcing in Aseana City, Parañaque City and in Pasay City.

“Results of the investigation showed that Altech Innovations Business Outsourcing is not registered for VAT (value-added tax) purposes, as certified by the Revenue District Office No. 052 – Parañaque City in violation of Section 108 vis-a-vis with Section 236 of the Tax Code,” the tax agency said in a statement.

Altech is owned by Jan Erick Lavariaz Altavas.

BIR Deputy Commissioner Arnel Guballa said the number of foreign employees in the service provider is about 1,000.

Altech is the second the tax agency shut down after Finance Secretary Carlos Dominguez 3rd warned earlier this month that POGOs and their service providers whose tax liabilities remain unpaid face closure.

The first, Great Empire Gaming and Amusement Corp., was closed for also failing to register with the BIR. But it paid the agency an initial P250 million, and committed to pay the balance of its P1.3-billion total tax liabilities until the end of the fourth quarter through post-dated checks.

Last week, the tax agency said the compliance of online gaming operators and their service providers continue to improve as a result of the government’s strict enforcement of laws.

Income tax collection from foreign POGO workers has so far reached P1.6 billion this year, Guballa said.

Thin crowd marks 34th People Power anniversary 

A thin crowd gathered on Tuesday at the People Power monument along EDSA to mark the 34th anniversary of the peaceful revolution that ended...

WHO warns of pandemic risk after virus peaks in China

GENEVA: The new coronavirus has peaked in China but could still grow into a pandemic, the World Health Organization has warned, as infections mushroom...

White House unveils $2.5B emergency coronavirus plan

WASHINGTON, D.C.: The White House on Monday sent lawmakers an urgent $2.5 billion plan to address the deadly coronavirus outbreak, whose rapid spread and...

Bong Go aids Parañaque fire victims

SEN. Christopher Lawrence “Bong” Go provided assistance to fire victims who lost their homes in Barangay San Isidro in Parañaque City. The blaze that hit...

US and SKorea may cut back military moves due to coronavirus

WASHINGTON, D.C.: The United States and South Korea are considering curtailing joint military exercises due to concerns about the spread of coronavirus, officials said...

Today’s Front Page February 25, 2020

Today’s Front Page February 25, 2020