Exclusions and Exemptions

(a)Sales or retail sales shall not include specific, individual transactions in which the price or charge for the commodity, property, or service being sold is less than One Dollar ($1.00).

(b)The tax imposed by this Chapter shall not apply to any property, or consumption of such property, which cannot be legally so taxed under the constitution or laws of the United States, but only so long as, and only to the extent to which, the government of Guam is without power to impose such tax.

(c)[Repealed.]

(d)The taxes imposed by this Chapter shall not apply to the proceeds of any transaction entered into by any of the following persons: corporations, associations, or societies organized and operated exclusively for religious, charitable, scientific or educational purposes, hospitals, infirmaries and sanitariums, business leagues, chambers of commerce, boards of trade, civic leagues, public schools, and organizations operated exclusively for the benefit of the community and for the promotion of social welfare; provided, such persons have applied for and obtained exempt status under the provisions of 11 GCA, Chapter 26.

(e)The taxes imposed by this Chapter shall not apply to any transaction involving a sale to the airlines servicing Guam for the accommodation on Guam of airline flight crews from September 30, 2001 until September 30, 2002.