Sense & Taxability
Sense & Taxability is the official knowledge publication of UHY M.L. Aguirre & Co., CPAs, dedicated to making Philippine taxation, accounting, auditing, and regulatory compliance more understandable and practical for businesses, professionals, and taxpayers.
Explore by Category
Latest Commentaries & Articles
Choosing the Right Remedy: Strategic Use of Tax Compromise and Abatement
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
Dividing Property After Death: How Families Can Do It Right
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
From Deed to Duty: Understanding Taxes in Philippine Property Transfers
Transferring real property ownership in the Philippines is more than just signing a deed. Every transfer triggers a set of national and local tax obligations, and failure to comply can result in interest, surcharges, penalties, or delays in registration. Whether the transfer arises from a sale, donation, inheritance, or corporate
