Exemptions

The following persons are exempt from the requirements of this Chapter: (a) Any person regulated by the Board of Public Accountancy; (b) Any person who is a member of the Guam Bar Association; (c) Any trust company or trust business; (d) Any person who is authorized to practice before the Internal Revenue Service pursuant to Subpart A commencing with §10.1 of Part 10 of Title 31 of the Code of Federal Regulations. SOURCE: GC § 53642, as added by P.L. 13-92. CROSS-REFERENCES: See 7 GCA §9214(c)(4) for the law exempting certain tax preparers from the prohibition against the illegal practice of law.