AN ACT TO AMEND §26203.2 OF CHAPTER 26 TITLE 11, GUAM CODE ANNOTATED, RELATIVE TO PERMANENTLY INCREASING THE GROSS THRESHOLD FOR LIMITED EXEMPTIONS ON THE BUSINESS PRIVILEGE TAXES FOR CERTAIN SMALL BUSINESSES.
Raises the gross receipts threshold for Guam's limited BPT exemption, expanding eligibility for small businesses; the change is permanent with no tax-rate changes.