IN THE NEWS: Colmenares said among the among their complaints was PAGCOR‘s non-payment of P5.14B tax. Worse, he said, PAGCOR paid for the income tax of big time casinos like Travellers International Hotel Groups, Inc., MCE Leisure (Philippines) Corporation, Bloomberry Resorts and Hotels Inc. and Tiger Resort Leisure and Entertainment, Inc. This is against its mandate “to help the poor and the needy,” he said. Colmenares also questioned PAGCOR’s inability to explain where they spent their P110 million intelligence funds. ... Colmenares disputed PAGCOR’s statement that its payment of the income tax of rich casino owners still benefited the government and that it did not take away PAGCOR funds intended for social services. He revealed that the PAGCOR decision was a waste of public funds and asked Pres. Aquino to rescind the PAGCOR Board decision.
Posted on: Sun, 06 Jul 2014 07:12:23 +0000
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