Auditors say the delays in remittances are non-compliance with a rule which prescribes that taxes withheld are to be remitted the following month.
CAGAYAN DE ORO, Philippines – The Commission on Audit called out the provincial government of Misamis Oriental for its failure to promptly remit some P48.215 million in taxes withheld, including more than P9.369 million in 2021 and 2022, to the Bureau of Internal Revenue , depriving the national government of much-needed funds.
Auditors said the practice is non-compliance with Revenue Memorandum Circular No. 23-2012 which prescribes that taxes withheld are to be remitted to the BIR on or before the 10th day of the following month for manual filers and the 15th day of the following month for those into electronic filing and payment system .
Unabia assumed the gubernatorial post in mid-2022, succeeding Misamis Oriental 2nd District Representative Yevgeny Vincente Emano who served as the province’s chief executive for nine years. An inquiry by state auditors on accounting personnel involved showed that their cut-off dates in the remittance of taxes withheld was different from that of COA, and that “all transactions paid after the 20th day of the current month will be taken up in the next month’s remittance and so on.”
Since the local governments receive their share of the national wealth through the National Tax Allotment , it is proper to also do their part in remitting withheld taxes promptly and exactly, the COA report said.
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