RMC No. 82-2016 — Consolidates the Price of Sugar at Millsite for the month of June 2016 Digest | Full Text | Annex A

REPUBLIC OF THE PHILIPPINES

BUREAU OF INTERNAL REVENUE DEPARTMENT OF FINANCE

Quezon City

July 18, 2016

REVENUE MEMORANDUM CIRCULAR NO. 8&-001L

SUBJECT Consolidated Price of Sugar at Millsite for the Month of June 2016

TO All Internal Revenue Officers and Others Concerned

01, and 2016-07-02, for the month of June circularizing the weekly Price of Sugar at Millsite Memoranda (OM), more particularly OM Nos. 2016-06-04, 2016-06-05, 2016-06-07, 2016-07 issued by the Sugar Regulatory Administration, pursuant to Revenue Regulations (RR) No. 13- 2015. This Circular is hereby issued in order to consolidate the weekly issued Operations

of sugar between the previous year and current year, 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. While the SRA-issued weekly Price of Sugar at Millsite reflects the comparative prices

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

AaaM

CAeSAr R. DULAY Commissioner of Internal Revenue

j-5 BUREAU OF INTERNAL REVENUE RECORDS MGT DIVISION RECFIVFM JUL 2 3 2016 3: D& P.M 0M4A 000165