What kind of policies does the Guam Tax Commission oversee?

The Guam Tax Commission is specifically responsible for the administration and oversight of taxation policies and processes within Guam. This includes setting tax rates, ensuring compliance with tax laws, and managing tax collection and assessment. The commission plays a critical role in shaping how taxes are levied and collected, which directly impacts the funding for public services and infrastructure. Its focus is entirely on tax-related matters, making it distinct from other areas of governance like traffic safety, workplace regulations, or healthcare policies. Understanding the role of the Guam Tax Commission helps in comprehending the broader implications of taxation on both the government and the citizens of Guam.