US Imposes 1% Tax on Overseas Remittances from Jan 2026
Starting January 1, 2026, the US will apply a 1% tax on overseas remittances under President Trump’s Big Beautiful Bill. Here’s what senders need to know.
Remittances
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Mexico’s Remittances Plunge: Families on Alert
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Trump Eyes Tax on Remittances to Overseas Families
Trump’s administration proposes taxing remittances from US workers, a move that could impact migrant families relying on these funds.