RMC No. 78-2019 — Circularizes the Consolidated Price of Sugar at Millsite for the month of June 2019 Digest | Full Text | Annex

REPUBLIC OF THE PHILIPPINES E DEPARTMENT OF FINANCE

H BUREAU OF INTERNAL REVENUE

Quezon City

July 17.2019

REVENUE MEMORANDUM CIRCULAR NO._% 8 - & O1G

SUBJECT: Consolidated Price of Sugar at Millsite for the Month of June 2019

TO : All Internal Revenue Officers and Others Concerned

Memoranda (0M). more particularly OM Nos. 2019-06-04. 2019-07-02. 3-2019. 4-2019 and This Circular is hereby issued in order to consolidate the weekly issuance of Operations

7-2019 for the month of June, circularizing the weekly Price of Sugar at Millsite issued by the Sugar Regulatory Administration (SRA) pursuant to Revenue Regulations (RR) No. 13-2015

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

said weekly OMs contains only 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. ? 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.

E

CAESAR R. DULAY

J- 5 BUREAU OF iNtERNAL REVENuE JNTYTT 8 3: 40 4.M1 Commissioner of Internal Revenuc 027547

AUG 0'7 2019 X

L RECORDS MGT. DIVISION