RMC No. 20-2018 — Circularizes the Consolidated Price of Sugar at Millsite for the month of February 2018
3 CAMFLNSL BUREAU OF INTERNAL REVENUE
Quezon City
March 21, 2018
REVENUE MEMORANDUM CIRCULAR NO. 20-2018
SUBJECT Consolidated Price of Sugar at Millsite for the Month of February 2018
TO All Internal Revenue Officers and Others Concerned
This Circular is hereby issued in order to consolidate the weekly issued Operations Memoranda (OM), more particularly OM Nos. 2018-02-05, 2018-03-02, 2018-03-03, and 2018-03-04, for the month of February 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 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
No. 2-98, as amended by RR No. 11-2014. one percent (1%) expanded withholding tax on sugar prescribed under the provisions of RR
this Circular as wide a publicity as possible. All revenue officials, empioyees, and others concerned are hereby enjoined to give
CAESAR R. DULAY
J-5 RECORDS MGT DIVISION BUREAU OF ENTERNAL REVCNUE RECEIVED APR 0 4 2013 4:17 P.M. Ua Commissioner of internal Revenue 015246
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