DTI to go after 'online barter trade', tells online sellers to register

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MANILA - Online barter trade is illegal, the Department of Trade and Industry said on Tuesday as it encouraged online sellers to register with the department and with the Bureau of Internal Revenue.

Trade Secretary Ramon Lopez said while barter trade is allowed in some parts of Mindanao like Sulu and Tawi-tawi, it is against the law everywhere else in the country. He said online trade should go through regular transactions and pay taxes.

In barter trade, participants in a transaction directly exchange goods or services for other goods or services without using money.Lopez said the DTI will now look into online barter trade. Lopez meanwhile encouraged consumers not to buy from unregistered sellers on social media, and patronize only sellers on major platforms like Lazada, Shopee and Zalora.

 

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Anak ng pota! Kung ganito lang. Para umunlad ang bansa. Magbukas ako ng 2 online shop. Supplyan ko ang shop 2 ko para matax ako. Tapos ibenta ko sa shop 1 ang nabili ng shop 2 para matax uli ako. Uulitin ko hangang malunod sa tax ang mga gagong gobyerno na to. NoNeedtoArgue

aba huy, pinasara nyo yung nagbabayad ng malaking tax. ngayun maghahanap kayo ng matataxan!...aba wow!

Kaya nag barter yan dahil gipit na sa pera, tapos bubuwisan nyo pa. Naka-Dapa na nga tatadyakan mo pa

o sa mga DDS mauna na magregister 😂😂😂

Register ko makikipaglalitan ng ulam sa kapitbahay 🤣

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