The Department of Finance (DOF) has disclosed that online pay-to-earn games, such as Axie Infinity, are subject to income tax. Tionko said that earnings from gaming platforms such as Axie Infinity that allow players to generate profits are subject to income tax. Axie Infinity is classified as an NFT game that allows individuals to earn currency from playing the game as they breed, raise, battle, and trade Axie creatures in the marketplace. Sony has revealed the PlayStation Plus Monthly Games lineup for July 2026. PlayStation Plus members can claim all three games from July 7 through August 3, 2026. Read more in our articles including "Axie Infinity, play-to-earn games earnings subject to income tax, says DOF" and "PlayStation Plus games unveiled for July 2026".
The Department of Finance (DOF) has disclosed that online pay-to-earn games, such as Axie Infinity, are subject to income tax. Tionko said that earnings from gaming platforms such as Axie Infinity that allow players to generate profits are subject to income tax.
Axie Infinity is classified as an NFT game that allows individuals to earn currency from playing the game as they breed, raise, battle, and trade Axie creatures in the marketplace. Sony has revealed the PlayStation Plus Monthly Games lineup for July 2026. PlayStation Plus members can claim all three games from July 7 through August 3, 2026.
Our coverage of play to earn games philippines includes: "Axie Infinity, play-to-earn games earnings subject to income tax, says DOF"; "PlayStation Plus games unveiled for July 2026"; "LandBank to remove InstaPay and PESONet transfer fees starting July 7". Each article provides unique insights and information.