17 GCA § 43104
Maximum Payment
View official PDF ↗The maximum amount to be rebated for any taxable year with respect to any one dependent shall not exceed the lesser of:
(a)Fifty percent (50%) of the tuition paid by the taxpayer during the taxable year for the elementary, secondary or special education of such dependent, or
(b)Three Hundred Dollars ($300).
§ The story of this section
- Affected by P.L. 13-12 (bill & sponsor pending — earlier Legislature not yet ingested)
Reconstructed from the Guam Code Annotated. For the authoritative version, see the official PDF.