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., This news data comes from:http://xu-oet-qb-js.jyxingfa.com
“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.
BIR to audit contractors flagged for ghost flood projects for tax fraud — BIR
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.
BIR to audit contractors flagged for ghost flood projects for tax fraud — BIR
- Modi: India, Japan to 'shape the Asian century'
- Marcos names acting Ombudsman
- Marcos expresses support for ‘beleaguered’ Cabinet members
- Eight towns in Cotabato cancel classes on Monday
- PH Navy spots 20 Chinese ships near BRP Sierra Madre
- PH has chance of getting UNSC seat - Manalo
- Comelec to open nearly two-year overseas voter registration for 2028 elections
- Fears of new political crisis grip France
- Group presses DA on delayed fertilizer subsidies
- Supreme Court urged to act on fake complaints
