RMC No. 92-2017 — Circularizes the Consolidated Price of Sugar at Millsite for the month of September 2017 Digest | Full Text | Annex

REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE Quezon City October 23,2A17 REVENUE MEMORANDUM CIRC{.'LAR NO. q 2- AO I7 SU BJ ECT Consolidated Price of Sugar at Millsite for the Month of September 2017 TO All lnternal Revenue Officers and Others Concerned This Circular is hereby issued in order to consolidate the weekly issued Operations Mernoranda (OM), rnore particularly OM Nos. 2017-09-03, zAU-10-A2, and ZAfi-10-03, for the month of September 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 comparatlve prices 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. t1-2014. All revenue officials, employees, and others concerned are hereby enjoined to give tl"ris Circular as wide a publicity as possible. J-5 Fli;D1.:. CF -*'4& CAESAR R" DULAY ITEC0Y Commissioner of lnternal Revenue s' 0109 a7 mtJ 07 ?017 t+ olruqn R.ECEtrV,E#