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Tag: Department of Finance
Vietnam-Based Axie Infinity Not Registered in PH. Should Players be Worried?
August 24, 2021
Challenges facing Axie Infinity in the Philippines continue! Famous play-to-earn game Axie Infinity of Sky Mavis is deemed unregistered in Securities and Exchange Commission (SEC). According to SEC, Axie has no license to sell or ...
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Philippines to Tax Axie Infinity Earners
August 23, 2021
Popular play-to-earn game Axie Infinity to be subjected to tax? Philippines’ Department of Finance Undersecretary Antonette C. Tionko said that earnings from P2E games are subject to tax. The undersecretary underscored that the Bureau of ...
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