RMC No. 58-2016 — Consolidates the Price of Sugar at Millsite for the month of April 2016 Digest | Full Text | Annex

BUREAU OF INTERNAL REVENUE

BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHHLIPPINES DEPARTMENT OF FINANCE RECORDS MGT. DIVISION MAY 3 0 2016 G:S AM UMu

Quezon City RECEIVED

May 26, 2016

REVENUE MEMORANDUM CIRCULAR NO. 58-2DIL

SUBJECT Consolidated Price of Sugar at Millsite for the Month of April 2016

TO : All Internal Revenue Officers and Others Concerned

Memoranda (OM), more particularly OM Nos. 2016-04-04, 2016-04-06, 2016-05-01, and This Circular is hereby issued in order to consolidate the weekly issued Operations

2016-05-02, for the month of Aprii circularizing the weekly Price of Sugar at Millsite issued by the Sugar Regulatory Administration, pursuant to Revenue Regulations (RR) No. 13-2015

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

No. 2-98, as amended by RR No. 11-2014. on the 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

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

KIM S. JACINTO-HENARES Commissioner of Internal Revenue

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