RMC No. 109-2021 — Circularizes the Consolidated Price of Sugar at Millsite for the month of July 2021 Digest | Full Text | Annex A

REPUBLIE OF THE PHILIPPINES DEPARTMENT OF IJINANCE BUREAU OF INTERNAL REVENUE Quezon City September 9,2021 REVENUE MEMORANDUM CIRCULAR I{o. /O q- TPII SUBJECT Consolidated Price of Sugar at Millsite for the Month of July 2021 TO All Internal Revenue Officers and Others Concerned This Circular is hereby issued in order to consolidate the weekly issuance of Operations Menroranda (OM), more particularly OM Nos. 5l-2021,52-2021, 53-2021, and 54-2021 for the month of July, circularizing the weekly Price of Sugar at Millsite issued by the Sugar Regulatory Adrninistration (SRA) pursuant to Revenue Regulations (RR) No. l3-201 5. While the SRA-issued weekly Price of Sugar at Millsite reflects the comparative prices of sugar between the previous and current years, the consolidated schedule (Annex ''A") on the said weekly OMs contains only that of the current year for purposes of imposing the one percent (loh) expanded withholding tax on sugar prescribed under the provisions of RR No. 2- 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. /*u....n{*4a< CAESAR R. DULAY- commissioner of Interr tT6"ilA O J-5