This form is used when notice is being executed and recorded for the purpose of giving notice to third parties dealing with Operator and Nonoperators of the existence of an Operating Agreement and perfecting the liens and interests set forth in that Agreement.
Guam Notice of Joint Operating Agreement
Category:
State:
Multi-State
Control #:
US-OG-771
Format:
Word;
Rich Text
Instant download
Description
How to fill out Notice Of Joint Operating Agreement?
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FAQ
Guam is an unincorporated territory of the United States. Most but not all federal laws apply to Guam. In addition to the U.S. Constitution, which is the supreme law of the U.S., federal laws include statutes that are periodically codified in the U.S. Code.
Any person required to file a Form GRT return shall be subject to a fifty dollar ($50.00) penalty for each failure to include his taxpayer identification number on such return.
TAX ON CONTRACTORS (DEDUCTION ON SUBCONTRACTORS). There shall be levied, assessed and collected a tax rate of four percent (4%) measured against the gross income of any contractor; provided, that there shall be deducted from the gross income of the taxpayer on another taxpayer who is a contractor.
The Sales Tax Rate in Guam stands at 2 percent. In Guam, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate.
The Compiler of Laws is responsible for officially publishing the Session Laws of the Guam Legislature, the Guam Code Annotated and updates thereto, the Guam Administrative Rules and Regulations, Supreme Court of Guam Opinions, Executive Orders and Attorney General Opinions.
§52.20; and 6 G.C.A. §4308. (2) Any person who gives a resale certificate for property which he knows at the time of purchase is not to be resold by him in the regular course of business is liable to the Government of Guam for the use tax and any penalties that may apply with respect to such purchase.
Guam Sworn Annual Report Fee: $100 Your first annual report is due between July 1st and September 1st during the year following the calendar year in which your LLC was formed. Subsequent reports are due between July 1st and September 1st annually.
