RMC No. 100-2020: Circularizes the Consolidated Price of Sugar at Millsite for the Month of March 2020

Files
Download this file

Summary

RMC No. 100-2020 circularizes the Consolidated Price of Sugar at Millsite for March 2020, used for the one percent (1%) Expanded Withholding Tax on sugar.

CollapseExpand

Key points

  1. Source of the schedule. The consolidated price comes from Operations Memorandum (OM) Nos. 38-2020, 39-2020, 40-2020, 41-2020 and 42-2020.
  2. Current-year prices only. The weekly Sugar Regulatory Administration prices compare the previous and current year. The consolidated schedule in the OMs shows only the current year.
  3. Use. The prices serve the 1% Expanded Withholding Tax on sugar under Revenue Regulations (RR) No. 2-98, as amended by RR No. 11-2014.

Deadlines and effectivity

  • Covers the month of March 2020

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.