Guam § 72107 - Wholesale License.
Full text of Guam Guam Code Annotated § 72107 — Wholesale License., with citation guidance and answers to common questions.
§ 72107. Wholesale License.
A wholesale license must be obtained by every person who engages
in the business of selling tangible property for the purpose of resale. The
annual fee for a wholesale license shall be based on annual gross revenue
as follows:
COL 03072011
11 GCA FINANCE & TAXATION
From $1.00 to $ 100,000.00 $ 100.00
$ 100,001.00 to $ 500,000.00 $ 200.00
$ 500,001.00 to $1,000,000.00 $ 400.00
$1,000,001.00 to $2,000,000.00 $ 800.00
Exceeding $2,000,000.00 $1,000.00
Frequently Asked Questions About Guam § 72107
What does Guam Code Annotated § 72107 cover?
Section 72107 ("Wholesale License.") 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 § 72107?
A common citation format is "Guam Code Annotated § 72107" (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 § 72107 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.