RMC No. 58-2019 — Circularizes the Consolidated Price of Sugar at Millsite for the month of April 2019 Digest | Full Text | Annex

L REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FiNANCE BUREAU OF INTERNAL REVENUE Qu ezon City May 21,ZOL9 - q REVENUE MEMORANDUM CIRCULAR NO. 5 8 9.OI SU BJ ECT Consolidated Price of Sugar at lvlillsite for the Month of April 2019 All lnternal Revenue Officers and Others Concerned TO This Circular is hereby issued in order to consolidate the weekly issuance of Operations Memoranda (OM), more particularly OM Nos. 2A19-04-A7, 2019-A5-02, 2019-05-03, and 2019-05 -07 f or the month of April, 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 consoliddted 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. 1,L-2014. All revenue officials, employees, and others concerned are hereby enjoined to give this Circular as wide a publicity as possible. r/#*^ut'**,, CAESAR R. DULAY Commissioner of Internal Revenue J-5 0 25 I I 3