Philippine Tax Research Device Supports Gambling Winnings Tax Efforts The Philippine National Tax Research Center (NTRC), a Department of Finance-attached research unit, said in a written report it supports the introduction of taxes on lottery winnings and billing fees for entering casinos that are local. Professionals from the research center published within their report, Profile and Taxation of Selected Gambling and Betting Activities in the Philippines, that horse racing options aren’t addressed similarly with casinos and lottery as the former […]
