RMC No. 7-2022

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BUREAU Ofr liliTFQnlaL REVE

PGPUBLIC OF THE PHILIPPINES


DEPARTMENT OF FINANCE
BI]REAU OF INTERNAL RE\TENUE
Quezon City
RECORDS MGT. DIVISIO

November 5,2021

REvENUE MEMoRANDUM cTRCULAR No. r7- 2oQ2


SUBJECT Consolidated Price of Sugar at Millsite for the Month of September 2021

TO All Intemal 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. 70-2021,71-2021,72-2021, and 73-2021 for
the month of September, circularizing the weekly Price of Su gar atMillsite issued by the Sugar
Regulatory Administration (SRA) pursuant to Revenue Regulations (RR) No. l3-2015.

While the SRA-issued weekly Price of Sugar at Millsite reflects the comparative prices
of sugar between the previous and current years, the consolidated 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. l1-2014.

All revenue officials, employees, and others concerned are hereby enjoined to give this
Circular as wide a publicity as possible.

Jf,fe,a-\I!:*'L
CAESAR R. DULAY
Commissioner of Intemal Revenue

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