• 3,000 firms
  • Independent
  • Trusted
Save up to 70% on staff

News » Philippines Introduces New Income Tax For Casino Workers

Philippines Introduces New Income Tax For Casino Workers

Philippines Introduces New Income Tax For Casino Workers
Philippines Introduces New Income Tax For Casino Workers

The Philippines has implemented a new tax regime for more than 100,000 casino workers in the country. The new framework, which will impose a tax levy on the income of workers in the offshore gaming industry, whether foreigners or Filipinos, is aligned with the country’s tax laws and aims to tighten control over the gambling industry and regularize the many Chinese workers employed by Philippines casinos.

The government said the 55 licensed Philippine offshore gaming operators (POGOs) need to comply with the new regulations to maintain their license, and all their employees will have to participate in the Social Security System and the Home Development Mutual Fund (PAG-IBIG).

The Bureau of Internal Revenue said it will begin to withhold taxes from foreign workers this month, estimated to be worth USD3.4 million. Overall, the taxes to be collected from the industry are projected to reach USD418 million a year, officials said.

Read more here.

Start your
journey today

  • Independent
  • Free
  • Transparent

About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO)

The #1 outsourcing authority

Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between Philippines outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 450+ podcast episodes, and a comprehensive directory with 4000+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.

“Excellent service for outsourcing advice and expertise for my business.”

Learn more
Banner Image
Get 3 Free Quotes Verified Outsourcing Suppliers
3,000 firms.Just 2 minutes to complete.
SAVE UP TO
70% ON STAFF COSTS
Learn more

Connect with over 3,000 outsourcing services providers.

Banner Image

Transform your business with skilled offshore talent.

  • 3,000 firms
  • Simple
  • Transparent
Banner Image