RMC No. 45-2018 — Circularizes the Consolidated Price of Sugar at Millsite for the month of April 2018 Digest | Full Text | Annex A

REPUBLIC OF THE PHILIPPINES

BUREAU OF INTERNAL REVENUE DEPARTMENT OF FINANCE

1r Quezon City

May 28, 2018

REVENUE MEMORANDUM CIRCULAR NO. 45-2018

SUBJECT : Consolidated Price of Sugar at Millsite for the Month of April 2018

TO All Internal Revenue Officers and Others Concerned

This Circular is hereby issued in order to consolidate the weekly issuance of Operations Memoranda (OM), more particularly OM Nos. 2018-04-07, 2018-04-08, 2018-05-01, 2018-05- 02, and 2018-05-04, for the month of April circularizing the weekly Price of Sugar at Millsite issued by the Sugar Regulatory Administration (SRA) pursuant to Revenue Regulations (RR) No. 13-2015

While the SRA-issued weekly Price of Sugar at Millsite reflects the comparative prices

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

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

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CAeSAr R. DuLAY

J - 5 Commissioner of internal Revenue 017082