comparemela.com

Latest Breaking News On - Underdeclaration of sales - Page 1 : comparemela.com

BIR wants POGOs, other businesses suspended over failure to file tax returns

BIR wants POGOs, other businesses suspended over failure to file tax returns By ERWIN COLCOL, GMA News Published March 4, 2021 8:41pm The Bureau of Internal Revenue (BIR) has proposed the suspension or temporary closure of Philippine Offshore Gaming Operators (POGOs) and business establishments that will not file their income tax return or underdeclare their sales or revenues. BIR Deputy Commissioner Arnel Guballa made the suggestion on Thursday as the Senate ways and means panel tackled proposals to impose taxes on POGOs. In his presentation, Guballa said the BIR endorses the passage of a measure taxing POGO licensees or operators and foreign nationals employed by POGO entities, amending Sections 22, 25, and 119 of the National Internal Revenue Code (NIRC).

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.