) Commencing October 1, 1987, the Department of Revenue and Taxation is mandated to collect at least eighty percent (80%) of all cur- rent taxes due, and seventy percent (70%) of all past due receivables. Also, commencing October 1, 1987, in all cases of unpaid business privilege taxes, demand for payment shall be made in writing within thirty (30) days of filing unpaid business privilege tax returns, and liens and levies shall be filed on such unpaid amounts not later than sixty (60) days of filing unpaid business privilege tax returns. Notice and demand that taxpayer file business privilege tax return shall be mailed or delivered within thirty (30) days of the due date of any unfiled business privilege tax returns. Any business which does not file business privilege tax returns for three (3) successive months shall promptly be closed by the Director of Revenue and Taxation until all tax returns are filed and payment arrangements are made.

(b) No real property or property other than money may be accepted by Department of Revenue and Taxation as settlement for any outstand- ing tax liability nor may be received by the government of Guam pursuant to §38101 of the Government Code of Guam without prior specific statutory authority for the transaction. As a condition of any such transfer, the taxpayer shall waive confidentiality. Nothing herein shall affect the power of the Department of Revenue and Taxation to levy, seize and sell property at public auction.
(c) The Department of Revenue and Taxation may make payment arrangements with delinquent taxpayers for bi-weekly payments of unpaid taxes due on the following terms:
(1) Repayment shall be made over a period of twenty four (24)
months or less.

(2) 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

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CH. 15 GENERAL PROVISIONS

frequency of greater than once a month as a condition of the agreement. All tax returns shall be timely filed.
(3) Levies or liens shall be filed on all of the taxpayer’s property to insure prompt payment.
(4) Upon default of the delinquent taxpayer in any of the agreement terms, the entire amount owing shall be immediately due and payable, and levy procedures shall immediately be instituted against the defaulting taxpayer’s property.
(5) The Director of Revenue and Taxation shall include such other terms and conditions in any such agreement as he may deem in the best interests of the government of Guam.
SOURCE: P.L. 19-5:113(d), (f) and (g) codified by Compiler. Amended by P.L.
29-002:VI:28 (May 18, 2007), effective July 17, 2007, the name, Gross Receipts
Tax, changed to Business Privilege Tax