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  • RMC 11-2018 PDF

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    Michael James Madrid Malingin
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    This revenue memorandum circular publishes the consolidated price of sugar at millsite for December 2017, as contained in several operations memorandums from the Sugar Regulatory Administration. While the weekly prices issued by the SRA compare prices from the previous and current year, the consolidated schedule only contains current year prices for imposing the 1% expanded withholding tax on sugar according to relevant revenue regulations.

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    This revenue memorandum circular publishes the consolidated price of sugar at millsite for December 2017, as contained in several operations memorandums from the Sugar Regulatory Administration. While the weekly prices issued by the SRA compare prices from the previous and current year, the consolidated schedule only contains current year prices for imposing the 1% expanded withholding tax on sugar according to relevant revenue regulations.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    49 views1 page

    RMC 11-2018 PDF

    Uploaded by

    Michael James Madrid Malingin
    This revenue memorandum circular publishes the consolidated price of sugar at millsite for December 2017, as contained in several operations memorandums from the Sugar Regulatory Administration. While the weekly prices issued by the SRA compare prices from the previous and current year, the consolidated schedule only contains current year prices for imposing the 1% expanded withholding tax on sugar according to relevant revenue regulations.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    REVENUE MEMORANDUM CIRCULAR NO.

    11-2018 issued on February 22, 2018


    circularizes the Consolidated Price of Sugar at Millsite for the month of December 2017, as
    contained in Operations Memorandum (OM) Nos. 2017-12-05, 2018-01-04, 2018-01-05, 2018-
    01-06 and 2018-01-08.
    While the weekly Price of Sugar at Millsite issued by the Sugar Regulatory
    Administration reflects the comparative prices of sugar between the previous year and current
    year, the consolidated schedule 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 Revenue Regulations (RR) No. 2-98, as amended by RR No. 11-2014.

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