RMC No. 113-2016 — Consolidates the Price of Sugar at Millsite for the month of October 2016 Digest | Full Text | Annex A

REPUBLIC OF THE PHILIPPINES

BUREAU OF INTERNAL REVENUE DEPARTMENT OF FINANCE

Quezon City

November 17,2016

REVENUE MEMORANDUM CIRCULAR NO. 13-M

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

TO 1 All internal Revenue Officers and Others Concerned

Memoranda (OM), more particularly OM Nos. 2016-10-04, 2016-10-06, 2015-10-07,2016-111 This Circuiar is hereby issued in order to consolidate the weekiy issued Operations

Millsite issued by the Sugar Regulatory Administration, pursuant to Revenue Regulations (RR) 01, and 2016-11-02, for the month of October circuiarizing the weekly Price of Sugar at

No. 13-2015.

While the SRA-issued weekly Price of Sugar at: Millsite refiects the comparative prices

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. of sugar between the previous year and current year, the consolidated schedule (Annex "A")

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

taom

CAESAR R. DULAY Commissioner of internal Revenue

J- 5 BURFAU OF DTTETNAL REVENUE RECORDS NETEVISION Hov z ss 4 : 34. A.M 002213

RECSIVED Me