OFFSHORE gaming operators and their service providers must settle all their tax liabilities before resuming operations, Finance Secretary Carlos Dominguez 3rd reiterated on Friday.
“In order for POGO (Philippine offshore gaming operators) service providers to be allowed to operate, they must pay their 2019 income tax liabilities, or in the case of POGO franchisees, the franchise tax of 2019,” Dominguez told reporters via Viber.
The Finance chief also said that both service providers and licensees must also remit to the Bureau of Internal Revenue (BIR) all their current 2020 withholding tax liabilities.
These POGO entities “must also execute an undertaking to pay the BIR all their arrears,” he added.
“Once these are complied with, the BIR will issue a tax clearance to enable them to operate,” Dominguez stressed.
The updating and settlement of all their tax liabilities, as certified by the BIR, is one the preconditions of Philippine Amusement and Gaming Corp. (Pagcor) for the partial resumption of POGO operations while parts of the country were still under enhanced or general community quarantine.