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.
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)., This news data comes from:http://erlvyiwan.com
“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.
- Over 800 killed as quake rocks Afghanistan
- Lacson warns lawmakers may be complicit in ghost flood control projects
- PH, Australia hold live fire drills during ALON 2025 in Nueva Ecija
- Escudero subpoenaes 10 DPWH contractors for Senate probe next week
- Vico encourages citizens on Heroes’ Day to be brave
- Lacson to govt: Protect education budget
- Tokyo protests to Beijing over gas field in East China Sea
- One in four people lack access to safe drinking water – UN
- Modi reaffirms India's support for Ukraine peace settlement during call with Zelenskyy
- Students, faculty file complaint against Universidad de Manila president
