REVENUE REGULATIONS NO. 1-2004 issued on January 20, 2004 amends further Revenue Regulations (RR) No. 2-98, as last amended by RR No. 30-2003, by exempting agricultural suppliers who are marginal income earners from Creditable Withholding Tax on payments made by hotels, restaurants, resorts, caterers, food processors, canneries, supermarkets, livestock, poultry, fish and marine product dealers, hardwares, factories, furniture shops, and all other establishments. Marginal income earners, as defined in Revenue Regulations No. 11-2000, refer to individuals not otherwise deriving compensation as an employee under an employeeemployer relationship, but who are self-employed and deriving gross sales/receipts not exceeding P100,000.00 during any 12-month period. The Regulations shall retroact to January 1, 2004.