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., This news data comes from:http://jhbk.052298.com
“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.
BIR to audit contractors flagged for ghost flood projects for tax fraud — BIR
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.
- Aftershocks rumble quake-hit Afghanistan as death toll tops 1,400
- Some areas in Metro Manila, Bulacan, Quezon to have power interruptions due to maintenance work
- DPWH fires Bulacan engineers, blacklists contractors over anomalous projects
- PH Construction Board asked to address 'accreditation for sale' scandal
- Van Gogh Museum 'could close' without more help from Dutch govt
- UN watchdog finds uranium traces at suspected Syrian former nuclear site
- PNP chief Torre relieved from post — Palace
- Mandela grandson says he will join Gaza aid boat
- Indonesia turns down ear-splitting 'haram' street parties
- Philippine forces deliver supplies and personnel to disputed South China Sea shoal despite tensions
