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The Senate’s version of the “one big, beautiful bill" includes a 1% tax on international cash transfers, which will have a major impact on immigrants working in the U.S.
A 1% US remittance tax may seem small, but for Indian households relying on money from abroad, it adds up—affecting ...
Remittance fees may take a lot away from the hard-earned money of your loved ones overseas. Sending 10,000 pesos back home could cost nearly six hundred pesos in transaction fees.