RMC No. 94-2018 — Circularizes the Consolidated Price of Sugar at Millsite for the month of September 2018 Digest | Full Text | Annex

REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE Quezon CitY October 1,6,201,8 q4' I REVENUE MEM,RANDUM crRcuLAR No. 2'o I SUBJECT Consolidated Price of Sugar at Millsite for the Month of September 2018 TO All lnternal Revenue Officers and Others Concerned This Circular is hereby issued in order to consolidate the weekly issuance of Operations Memoranda (OM), more particularly OM Nos.2018-10-01,2018-10-02,2018-1,0-03,201"8-L0- 04, and 2018-10-06, for the month of September circularizing the weekly Price of Sugar at Millsite issued by the Sugar Regulatory Administration (SRA) pursuantto Revenue Regulations (RR) No. 13-201s. While the SRA-issued weekly Price of Sugar at Millsite reflects the comparative prices of sugar between the previous and currentyears, 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. 1.1.-201.4. All revenue officials, employees, and others concerned are hereby enjoined to give this Circular as wide a pLrblicity as possible. -/Y*\3 CAESAR R. DULAY J-5 HSYor@ I Commissioner of lnternal Revenue o 20 7 o 6 :/9 ly 06 RECORbS,6i