Rev & Tax mails out $6M in tax refunds - KUAM.com-KUAM News: On Air. Online. On Demand.

Rev & Tax mails out $6M in tax refunds

Posted: Updated:
 by Ken Quintanilla

Guam - The Department of Revenue & Taxation paid out more tax refunds last week with more expected before the end of this month. According to deputy director Marie Benito, $6 million in refunds was mailed out last week for those who filed up to February 23 accounting for 2,400 taxpayers. She adds more should be out later this week.

"That will take us up to March 11 and I believe approximately 6,800 taxpayers will be getting a refund," Benito projected. The governor has mentioned it already we had funds from Section 30 through our EIN reconciliation so he's been mentioned that we will be refunding $15 million by the end of the week."

She adds the department is still inline with the permanent injunction to pay off tax refunds within six months after the filing deadline on April 15 which means all refunds must be paid by October 15. Benito says after the $15 million payout, DRT will only have $14 million left in A-Status refunds to pay off. If you have filed before February 23 and haven't received a refund, you're urged to visit the Income Tax Branch or call 635-7618 for assistance.

  • NEWS HEADLINESMore>>

  • Committee dismisses ethics complaint against Senator Esteves

    Committee dismisses ethics complaint against Senator Esteves

    The Legislative Ethics Committee has dismissed the complaint against Senator Fernando Esteves, and says it considers the matter closed. Resident Barry Mead filed the complaint against Esteves for his role in a protest earlier this year against the live fire training range at Andersen Air Force Base's Northwest Field.  

    More >>

    The Legislative Ethics Committee has dismissed the complaint against Senator Fernando Esteves, and says it considers the matter closed. Resident Barry Mead filed the complaint against Esteves for his role in a protest earlier this year against the live fire training range at Andersen Air Force Base's Northwest Field.  

    More >>
  • Eco-preservation discussed at Marianas Terrestrial Conservation Conference

    Eco-preservation discussed at Marianas Terrestrial Conservation Conference

    Guam's jungles are often said to be silent, as brown tree snakes kill off our native birds. Visiting and local students attended GCC's first annual Marianas Terrestrial Conservation Conference to speak up about their eco-preservation projects.

    More >>

    Guam's jungles are often said to be silent, as brown tree snakes kill off our native birds. Visiting and local students attended GCC's first annual Marianas Terrestrial Conservation Conference to speak up about their eco-preservation projects.

    More >>
  • Man awarded $775,000 for reporting fraud

    Man awarded $775,000 for reporting fraud

    A whistleblower in a multi-million dollar federal government false claims case received the maximum award possible for his help in unraveling the fraud.  William Toelkes was granted 25% of the $3.1 million settlement against Japanese construction company TOA corporation.  According to court documents, "TOA created a sham joint venture with a much smaller American entity" that enabled it to win a large wharf construction contract at the Naval Station Guam.  To...More >>
    A whistleblower in a multi-million dollar federal government false claims case received the maximum award possible for his help in unraveling the fraud.  William Toelkes was granted 25% of the $3.1 million settlement against Japanese construction company TOA corporation.  According to court documents, "TOA created a sham joint venture with a much smaller American entity" that enabled it to win a large wharf construction contract at the Naval Station Guam.  To...More >>
Powered by Frankly