Summary
RMC No. 47-2017 circularizes the consolidated Price of Sugar at Millsite for May 2017, as contained in Operations Memorandum Nos. 2017-05-05, 2017-06-02, 2017-06-03 and 2017-06-04.
Key points
- Consolidated schedule. The Sugar Regulatory Administration’s weekly 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 used for the one percent (1%) Expanded Withholding Tax on sugar under Revenue Regulations (RR) No. 2-98, as amended by RR No. 11-2014.
Deadlines and effectivity
- Prices cover the month of May 2017
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