Tax refund suit lawyers meet on settlement - KUAM.com-KUAM News: On Air. Online. On Demand.

Tax refund suit lawyers meet on settlement

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by Mindy Aguon

Guam - Attorneys for the government and the plaintiffs in the ongoing tax refund class action lawsuit are spending some time meeting with District Court Magistrate Judge Joaquin Manibusan for a settlement conference.  The parties were unable to reach an agreement on a permanent injunction that would spell out when the government would have to pay out refunds each year. 

The court ordered the parties to submit confidential outlines of their positions including the specific areas of agreement and disagreement.  The governor's fiscal team is also expected to be at that meeting as the government has expressed concerns that there is no financial mechanism in place to ensure the timely payment of refunds each year much less to pay for prior year returns.

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