Online-Shopping-1024x584The topic of the 7% online shopping tax again reared its head in the parliament yesterday.

Finance Minister, Colm Imbert, referring to an international study by a group in British Columbia, sought to point out the harsh

reality of online shopping and its possible effect on a country’s economy.

Minister Imbert said online shopping does not produce employment in Trinidad and Tobago in any way.

He called for the population to truly understand what is at stake. He noted that many small businesses could suffer the ill fate of being

put out of business as a result of the popular shopping trend.

Minister Imbert said the tax was added because government knew that 30% of the money spent by locals on online shopping at

stores like Amazon and Best Buy, will never be returned to Trinidad and Tobago.