Feds approve Guam's economic impact payment plan

The Guam Department of Revenue and Taxation (DRT) announced today that the Guam Economic Impact Payment (EIP) Implementation Plan has been approved by the Internal Revenue Service and the U.S. Treasury.

Gov. Lourdes A. Leon Guerrero and Lt. Gov. Joshua F. Tenorio will visit DRT this week to thank the employees who have been activated to work on the processing of EIP payments.

“Our administration is extremely grateful to President Trump, U.S. Secretary Mnuchin, IRS Commissioner Rettig, the teams at the IRS and the U.S. Treasury, and to our local DRT team for all their hard work to get this accomplished. Josh and I are so pleased that we will finally be able to make payments to our people – payments that they so greatly need at this time,” Leon Guerrero said.

“I want to thank everyone at DRT who has pushed so hard for this to get done. Our goal has always been to get people the cash they need as soon as possible, DRT understands that and is ready to get it done,” she said. “Our team has put in a lot of work to get this done,” said Director Dafne Mansapit-Shimizu. “As members of our community, DRT recognizes how important an issue this is for our people. We will do our best to take care of them and we look forward to paying out these monies as soon as possible.”