Guam § 30104 - Records to be Kept.
Full text of Guam Guam Code Annotated § 30104 — Records to be Kept., with citation guidance and answers to common questions.
§ 30104. Records to be Kept.
Every taxpayer shall keep, in the English language, in Guam, and
preserve for a period of five (5) years, suitable records of gross proceeds
of sales and gross income, and such other books, records of accounts,
registers of occupants, cash register tapes, and invoices as may be
required by the Commissioner, and all such books, records, and invoices
shall be open for examination at any time by the Commissioner or his
duly designated representative. Any person violating this Section shall be
guilty of a misdemeanor; and any director, president, secretary, or
treasurer of a corporation who permits, aids, or abets the corporation to
violate this Section shall likewise be guilty of a misdemeanor. On
conviction thereof by a court of competent jurisdiction, any license
issued for the operation of such business shall be suspended upon such
conviction for at least the period of any imprisonment imposed therefor
plus six (6) months, and if no imprisonment is ordered, for a period of at
least six (6) months.
Frequently Asked Questions About Guam § 30104
What does Guam Code Annotated § 30104 cover?
Section 30104 ("Records to be Kept.") 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 § 30104?
A common citation format is "Guam Code Annotated § 30104" (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 § 30104 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.