$720K in tax refunds being mailed

MORE REFUNDS: The Department of Revenue & Taxation will mail 240 tax refund checks totaling approximately $720,000 this week. Post file photo

The Guam Department of Administration will be mailing out 964 tax refund checks Monday, totaling $2.8 million, according to a joint release from DOA and the Department of Revenue and Taxation.

The checks cover error-free returns filed on or before Feb. 15.

In all, about 30,000 tax refund checks have been mailed out to island residents this calendar year and this latest release raises the total amount of tax refunds paid to roughly $85 million, said DOA Director Edward Birn. 

He projects that about $125 million in refunds will be paid out to taxpayers who filed 2018 returns.

In 2013, the District Court of Guam ordered the government of Guam to pay tax refunds no later than six months after the tax filing deadline of April 15.

The administration has until Oct. 15 to pay refunds to those who filed error free returns on or before that date.

"We're doing pretty well," at meeting that deadline said Birn.



Recommended for you