Title 11 — Finance and Taxation
59 chapters · 1,261 sections in this title.
11 GCA § 5101 Dog Racing
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Notwithstanding any other provision of law, rule or regulation, no dog racing or racing meeting where any form of betting or wagering on the speed or ability of dogs occurs shall be conducted or permitted. SOURCE: Added by P.L. 30-162:3 (July 16, 2010).
11 GCA § 5102 Licensing and Permitting
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The Department of Revenue and Taxation and all other government of Guam agencies are hereby prohibited from accepting or approving any applications or requests for any canine racing-related activities, including, but not limited to, racing dates, race meetings and pari-mutuel poo…
11 GCA § 5201 Limited Gaming Tax
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(a) There is hereby imposed a limited gaming tax on the gross receipts from limited gaming activities allowed by this Act in Guam. The tax rate on limited gaming activities shall be four percent. (b) (1) The Department shall collect the amount of limited gaming tax on the gross r…
11 GCA § 5202 Violations of Taxation Provisions - Penalties
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(a) Any person who willfully: (1) makes any false or fraudulent return in attempting to defeat or evade the tax imposed by this Act, commits a third degree felony and shall be punished as provided for by law; (2) fails to pay tax due under this Act within thirty days after the da…
11 GCA § 5203 Returns and Reports - Failure to File - Penalties
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(a) (1) Any person who fails to file a return or report required by this Act for limited gaming activities, which return or report includes taxable limited gaming transactions, on or before the date the return or report is due, as prescribed in § 5202(a)(3) of this Act, is subjec…
11 GCA § 5204 Limited Gaming Fund
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COL9222017 (a) There is hereby created, separate and apart from other funds of the government of Guam, a fund to be known as the Limited Gaming Fund. (1) All license fees, taxes and penalties collected under this Act shall be deposited in the Fund. (2) The Fund shall not be commi…
11 GCA § 5205 Limited Gaming Activities – Authorized and Unauthorized
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(a) The following are the only limited gaming activities authorized in Guam under this Article: (1) bingo or lottery that is conducted by a tax exempt non- profit organization as authorized in 9 GCA § 64.70(b); (2) cockfighting that is conducted at a licensed cockpit, and that al…