10 GCA § 51A113: Exemption from Taxation, and In Lieu Payments.

As an instrumentality of the government of Guam, the Authority and all property acquired by or for the Authority and all revenues and income therefrom are exempt from taxation by the government of Guam, or by any political subdivision or public corporation thereof and from all taxes imposed under the authority of I Liheslaturan Guåhan, or with respect to which I Liheslatura is authorized to grant exemption.