Guam § 10113 - Tax Credit Sunset Provision.
Full text of Guam Guam Code Annotated § 10113 — Tax Credit Sunset Provision., with citation guidance and answers to common questions.
§ 10113. Tax Credit Sunset Provision.
(a) Notwithstanding any other provision of law, sections
10108, 10109, and 10110 of this Article shall remain in effect until
December 30, 2029. Any Guam Registered Apprenticeship
Program tax credits certified for a period expiring after December
30, 2024, but no later than December 30, 2029, shall remain in full
force and effect until the period expires or the credit is canceled
on other grounds.
(b) Notwithstanding any other provision of law, tax credits
that have not been applied to business privilege tax liability that
remains after the effective date of Subsection (a) hereof may be
carried forward until such tax credit is exhausted for the tax year
if any part of the tax year falls before December 30, 2029.
Frequently Asked Questions About Guam § 10113
What does Guam Code Annotated § 10113 cover?
Section 10113 ("Tax Credit Sunset Provision.") is part of the Guam Code Annotated, the codified statutory law of Guam. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Guam § 10113?
A common citation format is "Guam Code Annotated § 10113" (Guam). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Guam law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Guam official source linked on this page or consult a licensed Guam attorney.
How does Guam § 10113 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Guam can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Guam.