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://www.yamato-syokunin.com
“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
- Marcos declares holidays for 2026
- Plea written in blood saves Chinese woman trapped in locked room
- Sotto allows detained Public Works engineer to attend House probe on flood control projects
- Actress Angel Aquino victim of 'deepfake,' seeks prosecution of perpetrators of cyber pornography
- Surfacing of WPS features ‘likely’ natural occurrence, not due to dumped crushed corals
- Bishops demand broad probe into flood project corruption
- Nartatez rules out 'quota' arrests
- Modi, Ishiba agree to boost economic ties
- DILG suspends classes, gov’t work in 17 areas
- ‘God’s Influencer’ to become first millennial saint
