“While there is no doubt that e-commerce will be a key pillar of our economic recovery, there must be fair competition and a well-balanced enabling policy environment that will instill discipline in the online marketplace”

According to 2021 data from the Department of Trade and Industry, e-commerce generated US$22.6 billion or P1.1 trillion to the country’s gross domestic product (GDP).

A tax loophole in e-commerce comes via ChinaTechNews.com.