1
REVENUE REGULATIONS NO. 11-2007 issued on August 28, 2007 suspends until
further notice the implementation of Revenue Regulations (RR) No. 6-2007 entitled
“Consolidated Regulations on Advance Value-Added Tax on the Sale of Refined Sugar,
Amending and/or Revoking All Revenue Issuances Issued to this Effect, and for Other
Related Purposes”.
The suspension aims to give time to both the Bureau of Internal Revenue and the
sugar industry to thresh out unclear provisions in RR No. 6-2007, and to introduce improved
version of the Regulations to properly address the problems of the sugar industry and collect
the correct taxes due from them.