MANILA, Philippines —The Bureau of Internal Revenue (BIR) will conduct a tax fraud audit of contractors flagged for alleged irregularities in flood control projects, its top official said on Tuesday.
“Should any contractor be found to have underpaid or evaded taxes, the BIR will not issue an updated tax clearance to them,” Tax Commissioner Romeo Lumagui Jr. said in a statement.
BIR to audit contractors flagged for ghost flood projects for tax fraud — BIR
“The contractor will be disqualified from participating in future government procurements, and the final settlement of their existing government contracts will be suspended,” he added.
President Ferdinand Marcos Jr. revealed questionable infrastructure projects, particularly “ghost” flood control works that were reportedly paid for by the government but never constructed.
Lumagui argued that government contractors are mandated to secure an updated BIR tax clearance before the final settlement of any government project as per the provisions of Revenue Regulation No. 17-2024 (RR No. 17-2024).
“The clearance must certify that the contractor has no outstanding tax liabilities and has duly filed and paid all applicable taxes,” Lumagui said.
“This updated clearance is distinct from the initial tax clearance required during the eligibility phase of the procurement process,” he added., This news data comes from:http://ycyzqzxyh.com
- Mob burns Nigerian woman to death over Islam blasphemy claim — police
- Sen. Go calls for round-the-clock DFA support for OFWs welfare
- Villanueva: Regularize contractual govt workers
- Escudero subpoenaes 10 DPWH contractors for Senate probe next week
- Lacson wants 1-year 'experiment' to break cycle of corruption in the budget process
- Philippine experts urge harm reduction strategy for tobacco control
- Globe: Mobile data helps drive national progress
- 95 IMAGES OF MARY
- NATO members to reach 2% defense spending goal this year
- Israeli protesters call for hostage deal ahead of cabinet meeting
