RMC No. 33-2019 — Circularizes the Consolidated Price of Sugar at Millsite for the month of January 2019 Digest | Full Text | Annex A

REPUBLIC OF THE PHILIPPINES

BUPCAUOFINTERNALTRVENUE DEPARTMENT OF FINANCE

Quezon City

February 27, 2019

REVeNUE MEMORANDUM CRCULAR NO... 3-20

SUEJECT Consolidated Price of Sugar at Millsite for the Month of January 2019

TC 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 0M Nos. 2019-01-10, 2019-01-11, 2019-02-02 and 2019-02-04 for the month of January, 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 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 (1%) 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

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j-5 BUREAU OF INTERNAL REVENUE MAR 08 2019 NNTYYN T0:TDA.M MAA Commissioner of Internal Revenue Caesar r. Dulay 024194

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