Summary
RMC No. 33-2022 circularizes the Consolidated Price of Sugar at Millsite for December 2021, contained in Operations Memorandum Nos. 1-2022, 2-2022, 3-2022 and 4-2022.
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Key points
- What the schedule contains. The weekly price issued by the Sugar Regulatory Administration compares the previous year and current year prices. The consolidated schedule in the weekly Operations Memoranda shows only the current year.
- Purpose. The consolidated prices are used for the one percent (1%) Expanded Withholding Tax on sugar under RR No. 2-98, as amended by RR No. 11-2014.
Deadlines and effectivity
- Covers the month of December 2021
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.