The business privilege tax finally dropped from 5% to 4.5%. For years, the government of Guam warned that lowering the BPT would blow a crater in the budget, shut down services, and send Guam into ...

Gov. Lou Leon Guerrero’s office on Tuesday said the “sky didn’t fall” after the business privilege tax was rolled back from 5% to 4.5% “because GovGuam savings held it up.” “Stability is not a stroke ...