- Associated Press - Saturday, February 20, 2016

HAGATNA, Guam (AP) - Millions of dollars in tax returns have not been paid out in Guam.

The Pacific Daily News reports (https://bit.ly/20LURIs) the government began paying out refunds at this time last year.

More than 11,000 returns have been filed with the Guam Department of Revenue and Taxation. The 1,800 that have been processed represent about $8.57 million in refunds.

Department of Administration director Kathrine Kakigi told lawmakers in January that the government was dealing with a cash crunch.

A law requires Guam to put some income tax revenue into an account set aside for refunds. The account’s current balance is $235.

The governor has been unsuccessfully fighting a court order requiring all error-free refunds be paid within six months of filing.

An official in west Guam says people will get their refunds.


Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide