Articles
The UHY ML Aguirre blog offers insights, updates, and expert advice on accounting, tax, audit, and business consulting. As part of the global UHY network, we provide tailored solutions to help businesses thrive in a dynamic world. Stay tuned for valuable content designed to support your business growth and success.
Taxing the Instrument: How Documentary Stamp Tax Is Computed and Who Pays It
Written by Sherina D. Garcia, CPA
After identifying transactions that may trigger Documentary Stamp Tax (DST), the next critical step is understanding how DST is computed and which party is legally liable to pay it. In practice, many taxpayers recognize that a transaction is subject to DST but still incur deficiencies due to incorrect tax base selection, misapplication of rates, failure […]
Read More >>September 11, 2026
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CTA Decision Sheds Light on Key Pitfalls in VAT Refund Claims
Written by Rhea T. Pelayo, CPA
Recent developments in tax jurisprudence highlight important considerations for taxpayers seeking refunds or tax credits of excess and unutilized input VAT attributable to zero-rated sales. These developments are consistent with established jurisprudence recognizing the evidentiary and procedural requirements governing VAT refund claims, including Atlas Consolidated Mining and Development Corporation v. Commissioner of Internal Revenue (G.R. […]
Read More >>September 9, 2026
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Where Should You Pay? Navigating the Proper Situs of Local Business Taxes
Written by Sherina D. Garcia
For businesses operating across multiple locations in the Philippines, one of the most frequently misunderstood, and often contested, issue in local taxation is the proper situs of local business taxes (LBT). While national taxes are generally governed by uniform rules, LBT is imposed and administered by local government units (LGUs), each with its own tax […]
Read More >>September 3, 2026
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Choosing the Right Remedy: Strategic Use of Tax Compromise and Abatement
Written by Sherina D. Garcia
In the Philippines, tax assessment issues between taxpayers and the government are an inevitable reality. Assessments issued by the Bureau of Internal Revenue (BIR) may arise from differences in interpretation, factual discrepancies, or compliance gaps. When such situations arise, taxpayers are not left without recourse. The National Internal Revenue Code of 1997 (NIRC), as amended, […]
Read More >>August 28, 2026
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Dividing Property After Death: How Families Can Do It Right
Written by Sherina D. Garcia
Losing a loved one is never easy, but what comes after can be just as challenging. Dividing property, settling obligations, and deciding “who gets what” can quickly become sources of tension if not handled properly. In many families, disagreements arise not out of ill intent, but from uncertainty and differing expectations. In the case such […]
Read More >>August 27, 2026
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