RMC No. 12-2021 — Circularizes the consolidated Price of Sugar at Millsite for the Month of December 2020 Digest | Full Text | Annex A

REPUBLIC OF THE PHILIPPINES

BUREAU OF INTERNAL REVENUE DEPARTMENT OF FINANCE

Quezon City

January 14, 2021

REVENUE MEMORANDUM CIRCULAR NO. /2- 202/

SUBJECT: Consolidated Price of Sugar at Millsite for the Month of December 2020

TO : All Internal Revenue Officers and Others Concerned

Memoranda (OM), more particularly OM Nos. 2-2021, 3-2021, 4-2021, and 5-2021 for the Regulatory Administration (SRA) pursuant to Revenue Regulations (RR) No. 13-2015. month of December, circularizing the weekly Price of Sugar at Millsite issued by the Sugar This Circular is hereby issued in order to consolidate the weekly issuance of Operations

of sugar between the previous and current years, the consolidated schedule (Annex " A") on the While the SRA-issued weekly Price of Sugar at Millsite reflects the comparative prices

percent (1%) expanded withholding tax on sugar prescribed under the provisions of RR No. 2- said weekly OMs contains only that of the current year for purposes of imposing the one 98, as amended by RR No. 11-2014.

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

Wx

CAESAR R. DULAY

J- 5 BUREAU OF INTERNAL REVENUE nnTin JAN 26.2021 T3S PM MM Commissioner of Internal Revenue 039829

RECORDS MGT.DIVISION 2v G

BUREAU OF INTERNAL REVENUE INTERNAL COMMUNICATIONS DIVISION BAT

JAN 2 6 2021

XUC 1A