The spending and tax bill signed by President Donald Trump includes a new levy on international money transfers, though it’s ...

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.

Taxing remittances drives families deeper into poverty. Skip to content. All Sections. ... Submit a letter, of no more than 400 words, to the editor here or email [email protected]. Share ...

State Bank of Pakistan (SBP) Acting Deputy Governor Dr Inayat Hussain cautioned on Wednesday that the government's decision to curtail subsidies for promoting foreign remittances, which hit a record ...

Further compounding the problem is that while Dutch disease is usually associated with natural resource-focused economies, which keep a large share of the related economic activity in the country, ...

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 levy was initially expected to raise $26 billion ...

With about 2.9 million Indian immigrants living in the U.S., many of whom are on H-1B and other temporary visas, the initial ...

Remittances from the U.S. to Mexico in 2023 were around $63.3 billion, or about 3.5 percent of Mexico's total GDP. Most of that money makes it way to some of the poorest regions of Mexico, ...