RMC No. 100-2020 — Circularizes the Consolidated Price of Sugar at Millsite for the Month of March 2020 Digest | Full Text | Annex A

REPUBLIC OF THE PHILIPPINES

DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE

Quezon City

September 14, 2020

REVENUE MEMORANDUM CIRCULAR NO.150 - 2O &0

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

TO : All Internal Revenue Officers and Others Concerned

Memoranda (OM), more particularly OM Nos. 42-2020, 41-2020, 40-2020, 39-2020, and 38- 2020 for the month of March, circularizing the weekly Price of Sugar at Millsite issued by the Sugar Regulatory Administration (SRA) pursuant to Revenue Regulations (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 While the SRA-issued weekly Price of Sugar at Millsite reflects the comparative prices

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

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

983y

CAESAR R. DULAY

J-5 BUKEAUUF INIEKNAt K ntTt SEP.2 4. 2020 3:3S P.M: Commissioner of Internal Revenue : 036749

RECORDS MGT. DIVISION