The oversight hearing called by the Legislature on the issuance of tax credits has just concluded. Director of Revenue and Taxation John Camacho and Director of Administration Benita Manglona did an excellent job answering senators’ questions and clarifying much of the misinformation about the several tax credit programs mandated by the Legislature.

The directors thanked senators for their foresight in implementing these programs, which have been responsible for the construction of soccer fields and the Guam Raceway Park, and has paved the way for the acquisition of a school and the payment of debt.
If you were not able to watch the hearing, don’t worry, we are requesting the DVD from the Guam Legislature and we will be playing the hearing on the Guamanian Network. We will keep you posted when the hearing will be broadcast.

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