Tax exemptions, livestream of GovGuam meetings on session agenda
By Joe Taitano II
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Measures to permanently expand business privilege tax exemptions for certain small businesses, increase public access to government of Guam meetings and decisions, increase the threshold of the total cost of purchasing a home on Guam and other measures will be up for debate during Monday's legislative session.
Members of the 36th Guam Legislature will discuss the following bills:
Bill 74 would permanently increase the gross threshold for limited business privilege tax exemptions from the first $100,000 earned per year to the first $250,000 earned per year by certain small businesses;