RMC No. 98-2021 — Circularizes the Consolidated Price of Sugar at Millsite for the month of May 2021 Digest | Full Text | Annex A

BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE

Quezon City

July 16,2021

REVENUE MEMORANDUM CIRCULAR NO.98-2021

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

2021 for the month of May, circularizing the weekly Price of Sugar at Millsite issued by the Sugar Regulatory Administration (SRA) pursuant to Revenue Regulations (RR) No. 13-2015. Memoranda (OM), more particularly OM Nos. 29-2021, 33-2021, 34-2021, 38-2021, and 37- 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- 98, as amended by RR No. 11-2014. 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 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

a8a OFINIERNALREVENUE CAESAR R. DULAY

J- 5 ASNTYYT AUG 18 221 3:15 P M.1 1.700 aMa Y Commissioner of Internal Revenue 044475

RECOROS MGi.UIVSHN