Last CY2018, LWD received a letter from BIR regarding the unfiled tax returns from 2013 to 1 st Quarter of

2018. These were 1600, 1601C, 1601E, 2550M, 2550Q, and 1702. I with Ms. Lalaine informed LARC
regarding this and hoping that they will the one who settle this with BIR. Unfortunately, they refused.
They said that the previous finance of LWD was the one who unfiled the said tax returns. The CFO of
LARC helped us to reconcile this with BIR through accompanying us and informing them that LWD are
not required to file forms 2550M, 2550Q, and 1702 because we are a government agency.

The problem was our 2303 (certificate of registration) was not updated. LWD was registered as private
company and required to file the 2550M, 2550Q, and 1702. The BIR officer informed us that we should
file those tax returns to avoid the open cases that can be issued by them if it is not remitted.