12 Guam Code Ann. § 77304
(b) To the extent that any individual, officer, director or other person having interest in a company providing materials or services for the project contained herein knowingly and willingly cause such company to take more tax benefits in terms of business privilege taxes than the actual value of the material or services contributed to the project, such individual shall be guilty of a felony in the third degree punishable by a fine of not less than Five Thousand Dollars ($5,000) or one (1) year in prison or both.
2017 NOTE: Subsection designations added pursuant to the authority of 1
GCA § 1606.
NOTE: Effective July 17, 2007, reference to Gross Receipts Tax (GRT), amended to Business Privilege Tax (BPT), pursuant to P.L. 29-002:VI:28 (May 18, 2007).