RMC No. 1-2020 — Circularizes the Consolidated Price of Sugar at Millsite for the Month of November 2019 Digest | Full Text | Annex A

REPUBLIC OF THE PHILIPPINES

BUREAU OF INTERNAL REVENUE DEPARTMENT OF FINANCE

Quezon City

December 18, 2019

REVENUE MEMORANDUM CIRCULAR NO. 1-2020

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

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. 32-2019, 35-2019, 34-2019, and 36-2019 for

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

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

percent (1%) expanded withholding tax on sugar prescribed under the provisions of RR No. 2- said weekly OMs contains only that of the current year for purposes of imposing the one 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.

1eee

J-5 BUREAU GF INTERNAL REVENUE NNYYYT JAN 022120 Q:35Au Commissioner of Internal Revenue CAESAR R. DULAY 031701

1M RECORDS MGT. DIVISION

BUPEOU OF INTERNY PEWENUE

DrerMer

NHo S MM 0GT