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Sseeker replied to the thread One Big Beautiful Bill 5% tax on remittances.So Musk's threats didn't work. With 899 taken out and remittance tax reduced & scoped, is there anything else buried in the bill that...
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Sseeker replied to the thread One Big Beautiful Bill 5% tax on remittances.Thanks for the info, it states banks and brokers under the exceptions. Hopefully, they will accept this amendment. Exceptions No tax...
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Sseeker reacted to Xshore's post in the thread One Big Beautiful Bill 5% tax on remittances with
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And they exempted bank and brokerage accounts, admnd cards... -
Sseeker replied to the thread One Big Beautiful Bill 5% tax on remittances.As the bill is about to pass the Senate, it has been reduced to 1%. Quote from politico.com
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Sseeker posted the thread One Big Beautiful Bill 5% tax on remittances in Tax, Accounting, Licensing & Legal.Does anyone know the details about the 5% tax on the outgoing remittances for foreigners? I can imagine that lots of non-US citizens...