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Read our privacy guidelines.{/INSERTKEYS}{/PARAGRAPH} I hope that the generated revenue would really translate to concrete projects and let us not allow that our welfare not to be sacrificed in exchange for the perceived economic gains from gambling revenues. {PARAGRAPH}{INSERTKEYS}With the increasing popularity of e-gaming, foreign online casino operators have expressed keen interest in expanding their business in the Philippines. Offshore gaming implies that only foreigners, excluding Filipinos working abroad, can access online casinos. Follow us on. Thus, a foreign POGO is considered a resident foreign corporation engaged in business in the Philippines, and is not considered a non-resident foreign corporation. The gaming activity refers to online games of chance through the internet, using a network and software, exclusively for offshore-authorized players who have registered and established an online gaming account with the PAGCOR-licensed POGO. All rights reserved. Richard R. The registration of the books of account should be done within 30 days from the date of registration. Filipino citizens, even while overseas, are not allowed to play. A POGO refers to an entity that offers and participates in offshore gaming services by providing games to players, taking bets, and paying the winning players. Second, income from other related services or non-gaming operations is subject to normal income tax, value-added tax, and other applicable taxes. The POGO framework also covers service providers that provide the various components of gaming operations, such as the gaming software provider, business outsourcing provider, and content streaming provider. The POGO and licensed service providers should comply with the following requirements:. Load Comments. Hence, compensation, fees, commissions, or any other remuneration for services rendered to a POGO by its employees and service providers e. This limitation somehow assures us that our fellow Filipinos will not be dragged into gambling through these facilities. Today's Paper. Font Size A A A. However, the BIR acknowledges that the challenge with such operations is how we can implement a fair and equitable taxation of online gaming businesses and how we can monitor the revenues and revenue-generating activities of POGOs to lessen or, if not, to mitigate the potential tax revenues loss. RMC No. Third, POGO operators are not relieved of their liabilities as tax withholding agents.