"I will rue the day when this nation is ruled exclusively by lawyers"

[falken]

What really irks me about the senior citizen discount is that the BIR still insists that we pay even MORE taxes even if we declare 100% of our finances in the Drug store. The accounting firm already argued with the BIR regional director but no, the director threatened that he will call his friends in the investigative division to harass us(including other businesspeople).

Those s.o.b.s don't like it when you declare your finances correctly, they wan't you to pay them to look the other way.

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[Altis6453]

Those s.o.b.s don't like it when you declare your finances correctly, they wan't you to pay them to look the other way.

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Yup. I've had to deal with the Large Taxpayer Department of the BIR and those S.O.B.s make it even more difficult for you to get a CAR (Certificate authorizing Registration) when you are compliant. Mga salot ng lipunan!

[safeorigin]

^That's the thing. Our drugs are already below 10% markup to compete against chain drug stores yet they insist 20% discount. to compensate for this, you raise your prices and people who aren't 60+ have to pay a premium. People complain to FDA, so they force us with price fixing. What ends up happening is that we rarely stock up on drugs that are more likely to be bought by senior citizens. But no, government wants us to sell on a loss because they are essential drugs. pfft... good job!

[niky]

^That's the thing. Our drugs are already below 10% markup to compete against chain drug stores yet they insist 20% discount. to compensate for this, you raise your prices and people who aren't 60+ have to pay a premium. People complain to FDA, so they force us with price fixing. What ends up happening is that we rarely stock up on drugs that are more likely to be bought by senior citizens. But no, government wants us to sell on a loss because they are essential drugs. pfft... good job!

Just wait till they declare senior citizens should get a 20% discount on cars... ...and houses... and land...

-

The stupid thing is... the government should pay back the pharmacies for discounts that take them into negative margins... similar to how things are handled via Philhealth.

But no... as typical of the government, they want the private sector to take it up the ass and cover the costs of their own programs...

[Manilablock]

stupidity is not cured by election.

it gets worse during time of campaign period, to win votes, politicians will kill the local business.

kaya nga bumabaha ang imported sa market natin, mas simple ang mag import kesa mag manufacture, mas kunti ng kakausapin mo at lalagyan.

and to show the world our GDP is improving despite of our dying local industry, we flood the foreign market with OFW.

[Sweetlucious]

^^^ hindi na madali mag-import ngayon, sobrang dami mo ng taong kailangan daanan. As we all know the more people we go thru the more money we need to pass thru.
OT. These times are not really conducive to business.