CONTINUING SENATE HEARING ON BILLS FOR ADDITIONAL EXCISE TAXES

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PAGASA and PRA was represented by Steven T. Cua on 7 September 2017 at the Senate with Ways & Means Committee Chairman Sen. Sonny Angara conducting the hearings with Senators Sherwin Gatchalian and Nancy Binay. Asked of the retailers was what we think of the Bureau of Internal Revenue’s plans to link all cash registers (whether electronic or POS) online to the data center of the BIR.  Of course without being sarcastic, STC expressed apprehension regarding the readiness of the government to do this considering the state of connectivity in our country.  He also cited fear in the confidentiality of data passing online and the cost of compliance.

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