Monthly Consolidated Tax Collections Report

(a)The Director of the Department of Revenue and Taxation shall prepare a monthly Consolidated Tax Collections Report (CTCR), excluding any identifying information regarding any taxpayer, which shall report the aggregate monthly activity of the Collection Branch of COL1312018 CH. 4 PROGRAM BUDGETING AND FINANCIAL MANAGEMENT the Department of Revenue and Taxation for the individual income tax, the withholding tax, the corporate income tax, and the business privilege tax, which shall include, broken down by tax units and balance, the beginning inventory, referrals received during the month, assessed accruals, total inventory, offsets, payments made to the Treasurer of Guam, payment transfers, inactivation, abatements, total adjustments, and the ending inventory.

(b)The Director of the Department of Revenue and Taxation shall certify said reports, which shall be transmitted to I Maga’låhen Guåhan and the Speaker of I Liheslaturan Guåhan no later than twenty

(20)days after the end of each month.