{"data":{"id":"us-gu/12-gca-77506","jurisdiction":"us-gu","citation":"12 GCA § 77506","heading":"Miscellaneous.","body":"The tax credits authorized by this Act shall be subject to the following conditions:\n(a) Tax credits that cannot be applied during a single tax year may be applied to excise tax liability in subsequent years.\n(b) A single contributor shall only be entitled to claim tax credits up to Twenty-Five Thousand Dollars ($25,000.00) per month, not to exceed Three Hundred Thousand Dollars ($300,000.00) per year or tax credits shall not be applied to more than fifty percent (50%) of the contributor’s monthly excise tax liability.\n(c) To be eligible for the tax credits authorized by this Article, contributors must be licensed to do business on Guam.","path":["Title 12: Autonomous Agencies","Division 2 - Economic Development","Chapter 77: Special Projects and Activities of the Guam Economic Development Authority","ARTICLE 5: TAX CREDITS FOR CONTRIBUTORS TO THE UNIVERSITY OF GUAM SPORTS COMPLEX"],"source_url":"https://col.guamcourts.gov/sites/default/files/12gc077_Q.pdf","current_through":"P.L. 38-133 (June 4, 2026)","vintage":"","retrieved_at":"2026-09-27T03:26:28Z","sha256":"0032a83162bcd48130424ef1acab332015e4dbbedd91f8ae74a89674f8d32021","source_id":"us-gu","stale":false,"prev":"us-gu/12-gca-77505","next":"us-gu/12-gca-77507"},"notice":"GroundRules: Original legal text. Not legal advice."}