RMC No. 103-2017 — Circularizes the Consolidated Price of Sugar at Millsite for the month of November 2017 Digest | Full Text | Annex

BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE Quezon City BUREAU OF INTERNAL REVENUE RECORDS MGT. DIVISION RECEIVED DEC 2 8 2017 3:32*rM. I Ie

December 14,2017

REVENUE MEMORANDUM CIRCULAR NO. _103- 2017

SUBJECT : Consolidated Price of Sugar at Millsite for the Month of November 2017

TO : All Internal Revenue Officers and Others Concerned

Memoranda (OM), more particularly OM Nos. 2017-11-05, 2017-11-06, 2017-12-01, and 2017-12-02, for the month of November circularizing the weekiy Price of Sugar at Milisite This Circular is hereby issued in order to consolidate the weekly issued Operations

issued by the Sugar Regulatory Administration (SRA), pursuant to Revenue Regulations (RR) No. 13-2015

While the SRA-issued weekly Price of Sugar at Millsite reflects the comparative prices of sugar between the previous year and current year, the consolidated schedule (Annex "A"Y on the said weekly OMs contains oniy that of the current year for purposes of imposing the No. 2-98, as amended by RR No. 11-2014. one percent (1%) expanded withhoiding tax on sugar prescribed under the provisions of RR

this Circular as wide a publicity as possible All revenue officials, employees, and others concerned are hereby enjoined to give

1&89

CAESAR R. DULAY

j-5 Commissioner of Internal Revenue 012213