@0celo: Well, in this case, the Taylor remainder (at $0$) is the function itself.
I think it is an example.
Because of the oscillations we can choose $1/x$ to be an odd multiple of $\pi/2$ and $1/y$ an even multiple of $1/\pi$.
@0celo: Yup, if you choose $x$ and $y$ carefully, you don't go to 0 fast enough.