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.
BIR to audit contractors flagged for ghost flood projects for tax fraud — BIR
“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., This news data comes from:http://ne.ycyzqzxyh.com
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.
- Venezuela builds up border security over US warships
- Israel military says controls 40 percent of Gaza City
- Alex Eala targets US Open Round of 32 in rematch against Spanish rival
- Indonesia leader orders investigation into driver's protest death
- Duterte Youth brings Comelec cancelation battle to Supreme Court
- Nartatez vows to be fair in making reassignments
- Comelec to open nearly two-year overseas voter registration for 2028 elections
- House starts flood control probe
- Senate subpoenas 8 DPWH officials, contractors in flood control probe
- Marcos opens WorldSkills Asean competition
