RMC No. 59-2021 — Circularizes the Consolidated Price of Sugar at Millsite for the month of March 2021 Digest | Full Text | Annex A

BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE

Quezon City

April 30. 2021

REVENUE MEMORANDUM CIRCULAR NO.59-&D 2/

SUBJECT . Consolidated Price of Sugar at Millsite for the Month of March 2021 TO : All Internal Revenue Officers and Others Concerned

Regulatory Administration (SRA) pursuant to Revenue Regulations (RR) No. 13-2015. Memoranda (OM), more particularly OM Nos. 21-2021, 22-2021. 23-2021, and 24-2021 for the month of March. circularizing the weekly Price of Sugar at Millsite issued by the Sugar This Circular is hereby issued in order to consolidate the weekly issuance of Operations

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. 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

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

J- 5 STTREXUOF TNTERNAL REVENUE CnNiN MAY 14 2021 2:10 NM 0N6 Commissioner of Internal Revenue ay CAESAR R. DULAY 042707

RECUKDS MGT.DIVISION n