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GGD-80-3 1 (1979-10-03)

handle is hein.gao/gaobaazth0001 and id is 1 raw text is: COMPTROLLER GENERAL OF THE UNITED STATES WASHINGTON. DC. Z04B B-194332 OCTOBER 3, 1979 The Honorable Morris K. Udall Chairman, Committee on Interior and Insular Affairs House of Representatives and The Honorable Henry M. Jackson Chairman, Committee on Energy and Natural Resources United States Senate Subject: /The Government of Guam's Administration of Its Income Tax ProgramJ(GGD-80-3) This report discusses the Government of Guam's effectiveness in administering its territorial income tax laws. Our observations should assist the Congress in evaluat- ing those provisions of the Omnibus Territories Bill (H.R. 3756) which, if enacted, would transfer the adminis- tration and enforcement of the Guam territorial income tax from Guam to the Secretary of the Treasury. This bill was passed by the House of Representatives on May 7, 1979. The Government of Guam is losing millions of dollars because of its continuing problems in assessing and collect- ing the territorial income tax. These problems have been repeatedly pointed out to the Government of Guam by profes- sional auditors for at least 10 years. However, the problem appears to be getting worse. For example, delinquent taxes have increased from $2.9 million in 1969 to over $15 million in 1978, or about 16 percent of total local revenues collected by Guam. The U.S. Internal Revenue Code was extended to Guam by the Organic Act of Guam, enacted in 1950. Subsequently, the Congress delegated to the Governor of Guam the administrative functions required to collect and retain income tax revenues for the purpose of operating the territorial government. The income tax is the major tax in Guam, providing 60 percent of its locally collected tax revenues. These revenues are sup- plemented by the transfer from the Federal treasury to the Guam treasury of Federal income taxes withheld from U.S. military and civilian personnel stationed in Guam. These transferred Federal income taxes amounted to $15 million in 1979, while locally collected Guam income taxes were $46 mil- lion. (268078)

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