Articles About Manila Entertainment City

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Pagcor Spares Big Casinos from Tax Liabilities

Pagcor Spares Big Casinos from Tax Liabilities

Monica E. September 9, 2014 08:49:15

Pagcor’s income is considerably lower after the gaming authority decided to award major casino operators a 10% license fee reduction. While the Philippine Government’s financial resources are shrinking, the Bureau of Internal Revenue (BIR) is on a very important mission: to try and find ways to increase revenue collection. A big part of these revenues […]