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.
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Latest Commentaries & Articles
RMC No. 24-2026: BIR Clarifies Tax Treatment of Cross-Border Services
The Bureau of Internal Revenue (BIR), through Revenue Memorandum Circular (RMC) No. 24-2026, provides much-needed clarification on the tax treatment of cross-border services following the issuance of RMC Nos. 5-2024 and 38-2024. These earlier issuances sparked significant discussion among taxpayers, particularly on whether services rendered offshore but benefiting Philippine entities
Deadlines and Discipline: The Tax Calendar Behind Philippine Business Accountability
In the Philippines, the tax calendar is less a list of dates than a system of governance. Month after month, quarter after quarter, filing deadlines quietly structure the rhythm of commercial life. From payroll withholding remittances to quarterly income declarations, the compliance cycle influences how businesses record transactions, manage liquidity,
Failure to Withhold EWT: Why Expenses Get Disallowed During BIR Audits
In Bureau of Internal Revenue (BIR) tax audits, some of the most expensive findings do not begin with fraud or aggressive tax planning. They begin with something quieter — a missing withholding tax on an otherwise legitimate expense. A company pays a consultant, records the cost, and deducts it in
