What overarching goal does the Guam Tax Commission aim to achieve?

The overarching goal of the Guam Tax Commission is to ensure efficient tax collection and compliance. This responsibility is critical because the commission is tasked with the administration of tax laws and policies, which directly impacts government revenue and the functioning of public services. By focusing on effective tax collection, the commission helps maintain fiscal balance, fund community programs, and ensure that the tax system is operating fairly and efficiently.

This goal encompasses several key functions, including the assessment of taxes, enforcement of tax laws, and providing guidance to taxpayers regarding their obligations. Compliance ensures that everyone contributes their fair share to the funding of government services and infrastructure, which is essential for the overall economic health of Guam. While educating the public about tax law is an important aspect of their work, the primary focus remains on the systemic collection and compliance processes that support the government’s financial stability.