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Revenue Memorandum Circular · RMC

RMC No. 150-2022

To circularize the weekly SRA Final Sugar Production Bulletin, which is transmitted to the BIR as the basis for computing the 1% creditable withholding tax on withdrawals of sugar from the millsite, and to streamline the publication of the bulletins by making them accessible and downloadable from the BIR website.

Bureau of Internal RevenueIndependent research copy
Document type
RMC
Number
150
Year
2022
Text quality
Not specified

Document text

Reference copy · verify against the official source
RMC No. 150-2022 circularizes the Final Sugar Production Bulletin issued weekly by the Sugar Regulatory Administration (SRA) and transmitted to the BIR, which serves as the basis for computing the one percent (1%) creditable withholding tax on withdrawals of sugar from the millsite under Revenue Regulations No. 13-2015. To streamline publication, the weekly bulletins may now be accessed and downloaded from the BIR website under its "Announcements" section beginning the first week of November 2022.