Summary
RMC No. 82-2016 consolidates the Price of Sugar at Millsite for June 2016, as circularized in Operations Memorandum Nos. 2016-06-04, 2016-06-05, 2016-06-07, 2016-07-01 and 2016-07-02.
CollapseExpand
Key points
- Consolidated current-year prices. The weekly Sugar Regulatory Administration prices compare the previous year and the current year. The consolidated schedule in the weekly OMs contains only the current year.
- Purpose. The prices are for imposing the one percent (1%) Expanded Withholding Tax on sugar under Revenue Regulations No. 2-98, as amended by RR No. 11-2014.
Deadlines and effectivity
- Covers the month of June 2016
Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.
Copies of BIR issuances are hosted here for reference. For the official version, check bir.gov.ph. Summaries by Tax Resources PH are not a substitute for the full text or professional advice.