Hot Topic About Online Sabong International

Online Sabong News Today: Get Updated with the Latest Sabong Scoops
Online Sabong News Today: Get Updated with the Latest Sabong Scoops
  1. Online Sabong Biggest Win: Self-Made Champion
  2. Sabong Local: Are you the next lucky player?
  3. Hail to the king sport, Live sabong
  4. Is Sabong Legal? A Definitive Answer to the Most Tagged Question of All

Sabong Tips To Win

Tips sa Online Sabong: Alamin para Manalo
Tips sa Online Sabong: Alamin para Manalo
  1. Tip sa Sabong: Abot Kamay na ang Panalo
  2. Here Are Some Cool Sabong Tricks
  3. Sabong Techniques: Simplify the Game
  4. Online Sabong Tricks: Trick your Way to Victory

Online Sabong Live Today 2021

NEW YEAR, SAME IMPACT: Online Sabong Live 2021
NEW YEAR, SAME IMPACT: Online Sabong Live 2021
  1. Sabong Online Live 2021: The Winning Site
  2. Lets Have Some Live Sabong Online 2021
  3. The difference between Traditional and SL618 Sabong Live Now 2021
  4. Online Sabong Today 2021: Pwede na ba itong laruin?

Latest Sabong News

Choose the Best: Online Sabong Sites List
Choose the Best: Online Sabong Sites List
  1. A Double-Edged Sword: International Sabong Online
  2. Choose the Best: Online Sabong Sites List
  3. Nation’s Favorite Game: Online Sabong Website Philippines
  4. Some useful Online Sabong Sites


Senate bill seeks tax on ‘e-sabong’ (Sabong Arena)

10/10 0
Rate This
Online Sabong News
Genre Sabong Arena
Keywords Online Sabong News
Article ID 00000507
Similar Articles International Online Sabong
MANILA, Philippines — Senate President Pro Tempore Ralph Recto has filed a bill that will impose taxes on licensed online cockfights and derbies. Senate Bill No. 2045 seeks to amend the National Internal Revenue Code (NIRC) of 1997 to include the imposition of 18-percent amusement tax on the digital platform and offsite betting stations of licensed cockpits. While cockpit operators are already subject to an 18 percent amusement tax based on gross receipts under the NIRC, Recto, in the bill’s explanatory note, said a “legal question” is raised whether the country’s existing tax laws also cover digital economic activities such as betting on cockfights and derbies through online or digital platforms or “e-sabong.” “A law will not be construed as imposing a tax unless it does so dearly and expressly. In case of doubt, tax laws must be construed strictly against the government and in favor of the taxpayer,” he said.’ Recto underscored the necessity of including digital platforms and offsite betting stations of licensed cockpits under the NIRC in order to “remove any ambiguity or avoid the confusion whether or not this particular digital economic activity known as ‘e-sabong’ is taxable In our jurisdiction.” The bill also seeks to earmark the total revenues collected from amusement tax on cockpits for universal health care. In Recto’s proposed amendment to the NIRC, 80 percent of the total revenues from amusement tax on cockpits will be allocated to the Philippe Health Insurance Corp. (PhilHealth) for the implementation of the Universal Health Care (UHC) Act. Meanwhile, 20 percent will be allocated nationwide “based on the political and district-subdivisions, for medical assistance, the health facilities enhancement program, the annual requirements of which shall be determined by the Department of Health.”

photo (Sabong Arena)

Online Sabong News Online Sabong News Online Sabong News Online Sabong News Online Sabong News

write a review (Sabong Arena)