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The Trump Administration, through the U.S. Department of the Interior’s Office of Insular Affairs, announced today the release of $338,059,936 to Guam and the U.S. Virgin Islands (USVI). The payment includes $65,109,936 to Guam for federal income tax advance payments under Section 30 of the Organic Act of Guam for fiscal year 2021 and $272,950,000 to the USVI in rum tax cover-over payments for estimated FY 2021 rum tax collections in the territory.
