{"data":{"id":"us-gu/12-gca-70107","jurisdiction":"us-gu","citation":"12 GCA § 70107","heading":"","body":"(a) Tax Rebates on Certain Rental Income. A qualifying certificate granting a rebate of up to fifty percent (50%) of all income tax paid to the government of Guam by a Beneficiary on income derived from the lease of land, buildings, machinery or equipment to a Beneficiary of a qualifying certificate issued for affordable housing or for a hotel or tourist facility covered by the provisions of this Chapter may be issued for a period not to exceed five (5) consecutive years from the effective date of a qualifying certificate therefor, and a rebate of up to twenty-five percent (25%) of such income tax for a period not to exceed the next five (5) consecutive years; provided, that an application for such rebate is made within the effective period(s) of this Article, as set out in § 70108, infra.”\n(b) Income Tax Rebate on Sales to Developers. A rebate of up to fifty percent (50%) on all taxes paid to the government of Guam by a Beneficiary on income derived from the sale of land or other real property to a developer of a hotel, of a tourist facility, or of affordable housing covered by the provisions of this Chapter may be issued; provided, that an application of such rebate is made within the effective period(s) of this Chapter, as set out in § 70108, infra.","path":["Title 12: Autonomous Agencies","Division 2 - Economic Development","Chapter 70: Hotel Development"],"source_url":"https://col.guamcourts.gov/sites/default/files/12gc070.pdf","current_through":"P.L. 38-133 (June 4, 2026)","vintage":"","retrieved_at":"2026-09-27T03:25:48Z","sha256":"f191050e33d2cac38a258caa5b872baacf29d4aaa8ec9d9b4cc294f246480e20","source_id":"us-gu","stale":false,"prev":"us-gu/12-gca-70106","next":"us-gu/12-gca-70108"},"notice":"GroundRules: Original legal text. Not legal advice."}