We will also clearly define when a superior is liable for COA suspension and disallowances
as well as how a subordinate can steer clear of liabilities for an irregular act committed by his/her superior.
So, next year, there will be no more COA disallowances
,' Corpuz said, citing as an example the PCSO employees' 14th and 15th month pay.
11) Therefore, the Internal Revenue Service has instead focused on whether the flights are subject to the entertainment disallowance
In its apparent zeal both to issue guidance quickly and also to change company behavior by imposing a deduction disallowance
on all "entertainment" use of company aircraft by "specified individuals," the IRS conjured a methodology for allocating expenses to any entertainment use that can yield surprising results.
transfers of funds, hiring of private lawyersconsultants, travel expenses, collective negotiation agreements, unauthorized benefits and more) that result in COA's notices of suspension, notices of disallowance
and notices of charges.
MANILA -- The Commission on Audit (COA) submitted notices of disallowance
to those involved in the alleged pork barrel scam case of Senator Juan Ponce Enrile only this year, but apparently excluding accused mastermind Janet Lim-Napoles.
14, the petitioner said Revilla's office received from COA four notices of disallowance
involving certain amounts released by the Department of Budget and Management (DBM) to TRC under Special Allotment Release Order (Saro).
If they determine that the claim cannot be allowed, a notice of disallowance
is issued to the taxpayer.
NASDAQ:EVCI) today announced that Interboro Institute has been advised that the total disallowance
resulting from the routine TAP audit is $903,150.
Commission on Audit (COA) chair Grace Pulido-Tan said Tuesday that her agency would issue notices of disallowance
(NDs) involving P6 billion worth of pork barrel funds that a special audit conducted from 2007 to 2009 found was illegally funneled to bogus nongovernment organizations (NGOs).
Richard Goldenberg, EVCI's Chief Financial Officer concluded: "If we are successful in our claim that 50% of any TAP disallowances
relating to calendar years 2001-2003 results in a reduction of the purchase price payable for Interboro to the former owner, the amount of this reduction would be reflected on our balance sheet as a decrease in accrued purchase price payable for Interboro and a corresponding decrease in goodwill.
triple-'B'-plus/Stable/'A-2') of any changes in law, or later disallowances
with respect to Section 29 tax credits, provide support for the rating.