RMC No. 23-2019 — Circularizes the Consolidated Price of Sugar at Millsite for the month of December 2018 Digest | Full Text | Annex A

REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE

Quezon City DD

January 25, 2019

REVENUE MEMORANDUM CIRCULAR NO._ 2 3 --. 2D! G

SUBJECT Consolidated Price of Sugar at Millsite for the Month of December 2018

TO All Internal Revenue Officers and Others Concerned

05, and 2019-01-06 for the month of December, circularizing the weekly Price of Sugar at Millsite issued by the Sugar Regulatory Administration (SRA) pursuant to Revenue Regulations Memoranda (OM), more particularly OM Nos. 2018-12-03, 2019-01-09, 2019-01-04, 2019-01- (RR) No. 13-2015. 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 said weekly OMs contains oniy that of the current year for purposes of imposing the one percent (1%) expanded withholding tax on sugar prescribed under the provisions of RR No. 2- 98, as amended by RR No. 11-2014. While the SRA-issued weekly Price of Sugar at Millsite reflects the comparative prices

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

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BUREAU OF INTERNAL REVENUE INTERNAL COMMUNICATIONS DIVISION T

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