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Philippine Tax Research Unit Supports Gambling Winnings Tax Efforts

Philippine Tax Research Unit Supports Gambling Winnings Tax Efforts The Philippine National Tax analysis Center (NTRC), a Department of Finance-attached research unit, stated in a report it supports the development of taxes on lottery winnings and charging charges for entering casinos that are local. Experts from the extensive research center penned inside their report, Profile and Taxation of Selected Gambling and Betting Activities in the Philippines, that horse racing options aren't treated similarly with gambling enterprises and lottery as the ... Read more