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.
“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 news data comes from:http://wl-jq-yq-rsy.052298.com
BIR to audit contractors flagged for ghost flood projects for tax fraud — BIR
“This updated clearance is distinct from the initial tax clearance required during the eligibility phase of the procurement process,” he added.
- Pagasa: Rainy Monday over Visayas, Luzon areas due to LPA, 'habagat'
- Discayas to file raps vs protesters, will attend Senate hearing — lawyer
- Group presses DA on delayed fertilizer subsidies
- New DPWH chief Dizon: "A department can't investigate itself"
- Group: Register for free PhilHealth medicines
- Searchers retrieve bodies as Afghan quake toll seen to rise
- Sarah Discaya grilled by Senate over alleged DPWH links
- DMW: 19 distressed OFWs return home from Jeddah
- UK's mass facial-recognition roll-out alarms rights groups
- DoJ to begin preliminary investigation into missing cockfighting enthusiasts
