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Sheinbaum Seeks to Reimburse US Tax on Cash Remittances: Monday's Mañanera Recapped

Summary by Mexico News Daily
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The one percent tax that the U.S. Senate determined to tax remittances will be refunded to migrant families by the Mexican government, President Claudia Sheimbaum Pardo announced.

·Mexico
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Lean Left

The Mexican president recalled that the proposal for the Donald Trump government’s tax on remittances rose from 3.5% to 1%

Lean Left

Claudia Sheinbaum’s government seeks to reverse the 1% tax on undocumented migrants’ remittances, close to passing the U.S. Senate. The president said Monday that, once the tax is upheld in Washington, her administration will refund that amount to nationals, as long as they send the money through the government’s Welfare Finance Agency (Finabien). “How is the writing left? There is 1% left, but only for remittances that are sent in cash. All ele…

·Spain
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Lean Right

President Claudia Sheinbaum led her ‘morning’ conference this Monday, June 30, from Palacio Nacional and began ‘applauding’ the US decision to reduce the remittance tax to 1 percent and anticipated that there will be a plan to supplement that tax as long as it does not affect Mexican families. Sheinbaum welcomes the fact that Republicans would lower the tax on remittances to 1%President Claudia Sheinbaum began the morning conference by highlight…

·Mexico
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The decision seeks to counter Trump's policies without direct confrontation but with internal mechanisms. The post The government will no longer refund tax on money shipments; it will promote Finabien card first appeared on SinEmbargo MX.Read the full text in sinembargo.mx

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bloombergtax.com broke the news in on Monday, June 30, 2025.
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