Macutay Law and Accounting Office

04/11/2025

Congratulations Stephen Hans C. Hipolito, CPA
We are proud of you 👏👏❤️❤️
To God be the glory!

26/06/2025

Birthday Raffle Draw for all students of Cauayan City!

"Its Atty. Che Macutay's birthday! As we celebrate Atty's birthday, we're sharing the joy with the students of Cauayan City! Join our special Birthday Raffle Draw—just comment your entry and watch our Facebook Live. Let’s make this celebration meaningful together—don’t miss it!"

SAVE THE DATE! JUNE 28, 2025 at 4 pm

How to join?
1. Follow and Like the Page Macutay Law and Accounting Office and Atty. Che Macutay
2. Share and React ❤️the post with and ANSWER the question: "MAGBIGAY NG TOURIST SPOT SA CAUAYAN CITY EXCEPT SM CAUAYAN CITY."
3. Take a screen shot as proof of shared and comment it to our page with your *NAME, AGE, NAME OF SCHOOL & GRADE. (ex. Maria P. Mercedez, 15, Cauayan City National High School, Grade 8)

12/06/2025

Freedom didn’t come easy — it was earned with courage, sacrifice, and unity. Today, we remember that liberty is the heartbeat, and we celebrate the spirit that makes our nation strong and proud. May we continue to uphold the values they fought for.
Happy independence day! 🇵🇭

20/03/2025

Thank you to our student work immersions Justine Andrea Quiamco, Joseph Claro and Jesrelle Benitez for sharing their time and intelligence on their work in our Macutay Law and Accounting Office. You did a good job 👍
Good luck on your journey in College.
To God be glory.

14/02/2025

28/01/2025

Foreign currency deposit account hind papatawan ng estate tax.

Ang mga foreign currency deposit account ay hindi kasali sa mga papatawan ng estate tax sa ilalim ng Republic Act No. 6426 (RA 6426) o ang Foreign Currency Deposit Act of the Philippines.

Sa isang Desisyon na isinulat ni Associate Justice Ramon Paul L. Hernando, kinatigan ng First Division ng ang hiling para sa refund ng binayarang estate tax na inihain ng estate ni Charles Marvin Romig (Charles), isang American national na nanirahan sa Puerto Galera, Oriental Mindoro.

Namatay si Charles noong 2011 nang hindi nag-iwan ng huling habilin. Nilipat ni Maricel Narciso Romig (Maricel), ang nag-iisang tagapagmana, ang pagmamay-ari ng mga ari-arian ni Charles sa kanyang sarili, kabilang ang isang dollar deposit account.

Sa pag-compute ng estate tax, hindi naisama ni Maricel ang dollar deposit account kaya nagbayad siya ng dagdag na PHP 4.56 milyon para maisama ito. Pero kalaunan, humingi siya ng refund dahil batay sa section 6 ng RA 6426, exempt ang foreign currency deposit account sa estate tax.

Tinanggihan ng Commission on Internal Revenue ang kanyang refund claim, dahil binawi na umano ng 1997 National Internal Revenue Code (NIRC) ang tax exemption sa mga dollar deposit account. Pero nagdesisyon ang Court of Tax Appeals (CTA) pabor kay Maricel.
Pinagtibay ng Korte Suprema ang desisyon ng CTA. Nilinaw ng Korte na ang isang pangkalahatang batas, gaya ng NIRC, ay hindi maaaring bawiin ang ipinagkaloob na tax exemption na ibinigay ng isang special law, tulad ng RA 6426, nang walang malinaw at tahasang probisyon sa pagpapawalang-bisa.

Dagdag pa ng Korte, dinisenyo ang RA 6426 para makaakit ng mga foreign investment sa pamamagitan ng pag-exempt ng mga foreign currency account mula sa lahat ng buwis.

Basahin ang buong teksto ng press release sa https://sc.judiciary.gov.ph/sc-foreign-deposit-accounts-exempt-from-estate-tax/

Basahin ang buong teksto ng Desisyon sa https://sc.judiciary.gov.ph/262092-commissioner-of-internal-revenue-vs-estate-of-mr-charles-marvin-romig-represented-by-its-sole-heir-mrs-maricel-narciso-romig/

08/01/2025

Reminder: Business Permit renewal due on or before January 20, 2025, unless concerned LGU will give extension.

31/12/2024

A Blessed and Bountiful New Year, Proud Cauayeños!

Greetings from my Family to yours,

31/12/2024

WISHING EVERYONE A 2025 FULL OF BLESSINGS, HAPPINESS, GOOD HEALTH AND LOVE ❤️❤️❤️

30/12/2024

RIZAL DAY 128th Death Anniversary

Image ref: https://images.app.goo.gl/wrbdno2z8DzaRoWz6

19/12/2024

Feeding program handog ng SUNGBAT DAGUITI PARIKOT (a radio program), tuwing 2nd at 4th Saturday sa DWDY-AM.
Hosted by Board Member Manuel Alejandro, kasama sina Jun Berganio at Atty. Che Macutay