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BIR collected P7 2 billion from POGOs in 2020

January 27, 2021 | 12:31 am Font Size AAA THE Bureau of Internal Revenue collected P7.18 billion in taxes from Philippine Offshore Gaming Operators in 2020. PHILIPPINE STAR/MICHAEL VARCAS THE Bureau of Internal Revenue (BIR) collected P7.18 billion in taxes from Philippine Offshore Gaming Operators (POGOs) last year, even as some offshore companies reportedly left due to the tighter tax rules. In a statement, BIR Commissioner Caesar R. Dulay said taxes from POGOs were 12% higher than the collection in 2019, although he did not provide the exact figure. In 2018, the BIR collected P2.8 billion in taxes from POGOs. BIR Deputy Commissioner for Operations Arnel SD. Guballa attributed the higher POGO tax collections last year compared with 2019 to the additional revenues generated through the 5% franchise tax.

Tax amnesty deadline extended to end-June

December 23, 2020 | 12:32 am Font Size PHILIPPINE STAR/KRIZ-JOHN ROSALES TAXPAYERS will have until June next year to apply for the tax amnesty program on delinquencies and the Voluntary Assessment and Payment Program (VAPP). Bureau of Internal Revenue (BIR) Commissioner Caesar R. Dulay issued Revenue Regulations (RR) No. 32-2020 to extend the validity of the tax amnesty on delinquencies to June 30, 2021 from the previous Dec. 31, 2020 deadline. This marked the fourth time the BIR extended the program’s deadline from the original April 23 deadline. BIR Deputy Commissioner for Operations Arnel SD. Guballa told BusinessWorld in a text message that the tax amnesty program on delinquencies generated P3.544 billion in revenues since the program began in April 2019.

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