Daily brief
Regulatory · Philippines · Wed 4 Nov · 3 min read
Philippines excise tax on online gambling moves forward
What happened
The Philippine Department of Finance (DOF) confirmed it is actively studying an excise tax on online gambling. The proposal originated with Executive Secretary Ralph Recto, framed publicly as a measure to curb unrestricted access to gambling platforms. The DOF confirmation moves this from political rhetoric to a formal policy process. No draft legislation or rate has been published based on available sources.
Why it matters
Sources: Google News
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