Guam § 15102 - Payment Agreements for Past Due Taxes.

§ 15102. Payment Agreements for Past Due Taxes.

The Department of Revenue and Taxation may make satisfactory

payment arrangements with delinquent taxpayers for equal bi-weekly

payments of unpaid taxes due on the following terms and conditions:

(a) Repayment may be made over a period of sixty (60) months

or less. The Director shall use his discretion in determining the

length of time for repayment.

(b) All current taxes must be paid when due, including

estimated taxes required by law. The Director of Revenue and

Taxation may require payment of business privilege taxes on a

frequency of greater than once a month as a condition of the

agreement. All tax returns must be filed on a timely basis;

(c) Levies and liens must be filed on any or all of the

taxpayer’s property or properties to insure prompt payment;

(d) Upon default of the delinquent taxpayer in all or all of the

agreement terms and conditions, the entire amount owed shall be

immediately due and payable, and collection procedures shall be

immediately instituted against the defaulting taxpayer’s property or

properties unless the Director of Revenue and Taxation, on his

discretion, finds that the default was excusable, and the taxpayer

promptly (within 30 days) cures the default;

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(e) The Director of Revenue and Taxation shall include such

other terms and conditions in any such agreement as he may deem

in the best interest of the government of Guam;

(f) The taxpayer shall have no right to a payable schedule and

no payment schedule may be approved without an existing and

realistic source of repayment;

(g) Any payment agreement entered into before the effective

date of this Section shall remain in effect so long as the taxpayer

involved continues to comply with the terms of the agreement, and

said agreement shall constitute a payment agreement or arrangement

pursuant to this Section for so long as it is not in default.