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Guam committee hears bill to require itemized business privilege tax on receipts
Summary
Legislators and Department of Revenue and Taxation officials discussed a bill that would require businesses to display the business privilege tax (BPT) as a separate line item on receipts, with penalties for noncompliance and a timetable for agency rules and implementation.
Lawmakers heard testimony April 24 on Bill 59‑38, the Business Privilege Transparency Act of 2025, which would require businesses to separately state the business privilege tax (BPT) on receipts, invoices and other customer documentation and set penalties for noncompliance.
The bill’s prime sponsor, Senator Christopher M. Duenas, opened the hearing by reading the measure and the legislative findings, saying the change is intended to make the island’s tax structure more transparent. "The business privilege tax, PBT, is a significant source of revenue for the government of Guam but is largely invisible to consumers at the point of sale," Duenas said in his opening remarks.
Department of Revenue and Taxation (DRT) Director…
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