Guam § 58129 - Taxability of Abatements and Rebates: Legislative Intent.
Full text of Guam Guam Code Annotated § 58129 — Taxability of Abatements and Rebates: Legislative Intent., with citation guidance and answers to common questions.
§ 58129. Taxability of Abatements and Rebates: Legislative Intent.
It is the intent of I Liheslatura that the abatement or rebate of taxes to Beneficiaries pursuant to §§
58127, § 58128, § 58129, § 58130 and § 58131 of this Chapter shall be abatements or rebates on the taxes
owed on the eligible activities identified in the Qualifying Certificates issued therefor and that no portion
of such abatements or rebates shall be later subject to taxation as additional income to the Beneficiary.
2025 NOTE: Reference to the “Legislature” replaced with I Liheslatura pursuant to 2 GCA § 1101.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 58129
What does Guam Code Annotated § 58129 cover?
Section 58129 ("Taxability of Abatements and Rebates: Legislative Intent.") 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 § 58129?
A common citation format is "Guam Code Annotated § 58129" (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 § 58129 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.