Exec Says Taxing Online Gambling Not BSP Task
Makati city: Taxing electronic wallet providers for online gambling is not within the tasks of the Bangko Sentral ng Pilipinas (BSP) but a policy is now under study to regulate the digital marketplace, an official said Tuesday. ‘This is something for DOF (Department of Finance) to determine. Taxation matters are not within the purview of the BSP,’ BSP Deputy Governor Chuchi Fonacier told reporters on the sidelines of the Chamber of Thrift Banks (CTB) convention in Makati City. According to Philippines News Agency, Fonacier said they are currently ‘still evaluating internally’ a draft policy on digital marketplace guidelines, which has