18 GCA § 13131

Associations not Subject to Business Privilege Tax

Guam Code AnnotatedTitle 18 — Business Structure and Function

Associations as defined in this Chapter shall not be subject to the provisions of 11 GCA Chapter 26, Article 2, the Business Privilege Tax Law and the income of said association shall not be taxable under the laws of the Territory of Guam.

§ The story of this section

Amended by P.L. 29-2 § VI — introduced as Bill 74-29

Reconstructed from the Guam Code Annotated. For the authoritative version, see the official PDF.