Gov’t may lose P1B in taxes a year from horse racing
Credit to Author: besguerra| Date: Mon, 12 Aug 2019 21:00:16 +0000
The sport of kings is flourishing today in most parts of Asia, especially in Japan, Hong Kong, Singapore, South Korea, Macau and Malaysia. But here in the Philippines, the reverse is happening as 2017 racing sales (P7.378 billion) dived in 2018 (P5.556 billion), for a P1.822 billion decrease in all three racetracks.
The post Gov’t may lose P1B in taxes a year from horse racing appeared first on Inquirer News.
Read more