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Philippines House committee approves offshore iGaming tax

18th November 2019 9:26 am GMT
Philippines Flag

Offshore online gaming operators licensed in the Philippines may soon be liable to a 5 per cent gross revenue tax under a legislative proposal that received House committee approval Monday.

The proposed legislation, which also impacts certain foreign workers based in the Philippines, is supported by the Ministry of Finance and received unanimous approval from the House Ways and Means Committee on November 18.

The bill aims to end ambiguity over offshore online gambling operations by amending [...]

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