RMC No. 38-2021 — Circularizes the consolidated Price of Sugar at Millsite for the Month of January 2021 Digest | Full Text | Annex A

EuRblltl or rN I EHNAL t(EvhNrJE REPUBLIC OF THE PHILIPPINES RECORDS il DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE Quezon City !tFpt}} \rry'-<'-t N February 24,202I REVENUE MEMoRANDUM cIRCULAR No. 0 8' L0 2l SUBJECT Consolidated Price of Sugar at Millsite for the Month of Jantary 2021 TO All Internal Revenue Officers and Others Concemed This Circular is hereby issued in order to consolidate the weekly issuance of Operations Memoranda (OM), more particularly OM Nos. 7 -2021 , 8-2021 , 9-2021 , 12-2021 , and 13-2021 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 (l%) expanded withholding tax on sugar prescribed under the provisions of RR No. 2- 98, as amended by RR No. 1l-2014. All revenue officials, employees, and others concerned are hereby enjoined to give this Circular as wide a publicity as possible. ffiqt& -CAESARR. DULAY Commissioner of Internal Revenue J-5 0413 4x