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Date: Aug. 14, 2018, 8:14 p.m.

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Date: 2018-08-16 08:30:07.000000

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Date: 2018-08-29 11:22:11.000000

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How lotto winnings are taxed

Published by Philippine Charity Sweepstakes Office(PCSO) on Aug. 14, 2018.
Requested from PCSO by G. Orlando at 08:14 PM on Aug. 14, 2018.
Purpose: Research
Date of Coverage: 08/14/2018 - 08/14/2018
Tracking no: #PCSO-083812029192

G.ORLANDO Aug. 14, 2018, 8:14 p.m.

We are currently undertaking research on the tax of lottery winnings of PCSO. In this regard, we want to get the information on the following questions. 1. How lotto winnings are taxed? 2. How much will they pay in taxes on lottery winnings? 3. Aside from the 20% final tax on lotto winnings under the TRAIN Law or RA 10963, what are the other taxes that the government will get to the winner?

R.JIMENEZ Aug. 16, 2018, 8:30 a.m.

August 16, 2018 Dear Gapusan, Thank you for your request dated Aug 14, 2018 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for How lotto winnings are taxed. We received your request on Aug 14, 2018 and will respond on or before Sep 04, 2018 08:14:07 PM, in accordance with the Executive Order's implementing rules and regulations. Should you have any questions regarding your request, kindly contact me using the reply function on the eFOI portal at https://pcoomaster08142017140000-dot-efoi-ph.appspot.com/requests/aglzfmVmb2ktcGhyHgsSB0NvbnRlbnQiEVBDU08tMDgzODEyMDI5MTkyDA, for request with ticket number #PCSO-083812029192. Thank you. Respectfully, Ruchiella T. Jimenez FOI Officer

R.GABUYO Aug. 29, 2018, 11:22 a.m.

August 29, 2018 Dear Gapusan Orlando, Greetings! Thank you for your request dated Aug 14, 2018 08:14:07 PM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch. Your Request You asked for How lotto winnings are taxed. Response to Request Your FOI request is approved. Please see attached file from our Accounting Department for your information. Thank you. Respectfully, Randa Lesli V. Parreno for Remeliza M. Gabuyo FOI Receiving Officer

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PASSPORT_001.png - Emille Ace Tejones - [email protected]

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