BRICK-AND-MORTAR retailers are calling on the government to track the transactions of online retailers in order to present more accurate data to the public and to level the playing field among Philippine retailers, according to the Philippine Retailers Association (PRA). PRA President Roberto S. Claudio Sr.
BRICK-AND-MORTAR retailers are calling on the government to track the transactions of online retailers in order to present more accurate data to the public and to level the playing field among Philippine retailers, according to the Philippine Retailers Association .
“Confusion over the figures is the effect of online transactions which is not being monitored, which no government agency is monitoring,” Claudio told reporters, speaking partly in Filipino. “Nobody is tracking online transactions. I have been challenging the DOF, BIR, don’t you have figures as to how much you’re collecting from online players?” he said.
Partly to blame in the slight drop,Claudio noted. however, was the weather. He said, “We retailers, we blame the weather in the second quarter of 2024. So people did not go out to eat. There were days when three or four typhoons entered the country and disrupted consumption patterns,” adding that this is just one of the factors that contributed to the decline in the retail sector’s growth.
As to the performance of the retail sector in the first quarter of the year, Claudio said this part of the year is usually affected by “exhaustion from shopping” because spending during the Christmas season or the last quarter in a year is usually high. Still on the matter of leveling the playing field between brick-and-mortar retailers and online retailers, Claudio underscored anew the importance of imposing value-added tax on online transactions.
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