The One Big Beautiful Bill Act introduces a new 1% tax on U.S. money transfers sent abroad starting January 1, 2026. Here’s what you need to know about the remittance tax and how it could affect families, businesses, and the global economy.
Author: Elite Consulting, P.C. | | Categories: Cash Flow Analysis , EconomyAndTaxes , One Big Beautiful Bill , Tax Law Changes , Tax Policy Changes , Tax Reform Updates , Trump Accounts , TrumpTaxPlan , U.S. Money Transfer Tax , U.S. Tax Law 2025
The One Big Beautiful Bill Act introduces a new 1% tax on U.S. money transfers sent abroad starting January 1, 2026. Here’s what you need to know about the remittance tax and how it could affect families, businesses, and the global economy.
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