Contributor: Taxing remittances is a big risk for very little reward
A proposal to tax remittances sent by individuals without Social Security numbers has passed the House and is now before the Senate. At 3.5%, the…
United States: Plan For Remittance Tax Sparks Global Concerns
A proposed 3.5% remittance tax on money sent from the US to noncitizens abroad has sent shockwaves through countries that rely on international transfers. Part…
Claudia Sheinbaum denounces proposed US remittance tax as ‘unacceptable’ | Tax News
Republicans have proposed the remittance tax as part of a broader push to crack down on undocumented immigration.Mexican President Claudia Sheinbaum has denounced a provision…