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GU Tax 2024

iCalculator™ GU: Guam Tax Calculators

Welcome to iCalculator™ GU, your comprehensive suite of free tax calculators for Guam. iCalculator™ has provided free tax calculators for Guam since 2019. Since those early days we have extended our resources for Guam to includes Tax Guides, Tax Videos and enhanced the tax calculators and supporting tax information. The Guam Tax Calculator and salary calculators within our Guam tax section are based on the latest tax rates published by the Tax Administration in Guam. In this dedicated Tax Portal for Guam you can access:

Guam Tax Calculator 2024/25

The Guam Tax Calculator below is for the 2024 tax year, the calculator allows you to calculate income tax and payroll taxes and deductions in Guam. This includes calculations for

  1. Employees in Guam to calculate their annual salary after tax.
  2. Employers to calculate their cost of employment for their employees in Guam.
Guam Tax Calculator 2024
*** Please enter your income ***
Advanced Guam Salary Calculator 2024
FICA (Federal Insurance Contributions Act):
Itemized Deductions:
Retirement Plan Contributions:
About you:
About your spouse (complete if Married filing Jointly):
Local Taxes and Additional Taxes:
Additional Guam State Tax Deductions and Credits:
Additional Federal Tax Deductions and Credits:
Work Time Settings [for fine tune computation of hourly rates etc.]:
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Discover Guam

Guam, an unincorporated territory of the United States, is located in the western Pacific Ocean, part of the region known as Micronesia. It is the southernmost and largest island in the Mariana Islands archipelago. Guam is situated approximately 2,500 kilometers east of the Philippines (Philippines) and over 6,000 kilometers west of Hawaii. This strategic location has historically made Guam an important hub for trans-Pacific travel and military operations.

The island's rich cultural history is influenced by its indigenous Chamorro people, Spanish colonization, and its current status as a U.S. territory. Chamorro culture is celebrated and preserved through language, music, dance, and traditional festivals. The legacy of Spanish rule is evident in the island’s architecture, cuisine, and religious practices. As a melting pot of cultures, Guam showcases a unique blend of indigenous, Asian, Spanish, and American influences, making it a culturally diverse and vibrant community.

Guam’s economy is primarily driven by U.S. military spending and tourism, with significant contributions from the service sector. The presence of U.S. military bases, including Anderson Air Force Base and the Naval Base Guam, plays a crucial role in the island's economy, providing employment and infrastructure development. Tourism is another economic pillar, with the island attracting visitors from Japan, South Korea, and other countries, drawn by its beautiful beaches, diving spots, and cultural heritage sites.

Despite its reliance on military and tourism, Guam has been diversifying its economy. Efforts include developing the telecommunications and retail sectors, as well as exploring opportunities in regional trade and business. The island's strategic location, cultural richness, and natural beauty continue to make it a key player in the Pacific region, both economically and culturally.

Overview of Guam

Guam's tax system is unique, mirroring the United States Internal Revenue Code but with local adaptations under the Guam Territorial Income Tax. This system includes various types of taxes such as income tax, corporate tax, and sales tax, which are administered by the Department of Revenue and Taxation. Individuals and businesses in Guam are subject to federal income taxes, with residents also paying territorial income taxes directly to the local government.

The territory imposes a Gross Receipts Tax (GRT) on businesses, which is a tax on the gross revenues of companies operating within Guam. This tax impacts a wide range of commercial activities, and businesses are required to file regular returns. In addition to GRT, property taxes, and excise taxes on certain goods and services, contribute to the local revenue.

Understanding the tax obligations in Guam is crucial for compliance and effective financial planning. For residents, businesses, and investors looking to navigate the complexities of Guam's tax system, our resource hub provides detailed information, including the latest tax tools and tables. Visit our tax tools and tables section for comprehensive resources designed to assist with tax planning and compliance in Guam.