Salceda: Tax legal online sabong, other electronic betting games - News Summed Up

Salceda: Tax legal online sabong, other electronic betting games


MANILA, Philippines — Legal online sabong (cockfight) and other electronic betting activities should be taxed, House ways and means committee chairperson Joey Salceda said Wednesday. 7919, Salceda said the taxes collected would provide more revenues for the government that could help in responding to the coronavirus pandemic while at the same time providing “oversight, transparency, and regulation” for legal electronic sabong and other legally-operated electronic betting activities. ADVERTISEMENT“The operations are already legal, by virtue of local ordinances, but the electronic aspect of it is a legal gray area. Because of the ambiguity, we are unable to levy national taxes on these activities or look into their operations. Under Salceda’s proposal, the tax shall be 5 percent of the gross revenues gained from offsite betting activities on locally licensed games.


Source: Philippine Daily Inquirer October 28, 2020 09:00 UTC



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