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Trump Administration Proposes 5% Tax on Migrant Remittances Amid Latin American Outcry
- The U.S. House Ways and Means Committee, led by Jason Smith, proposed a 5% excise tax on remittances sent by non-citizen immigrants as part of the One Big Beautiful Bill in 2025.
- The proposal follows the Trump administration's efforts to restrict migrant remittances to discourage unauthorized immigration and raise government revenue amid broader immigration controls.
- Mexican President Claudia Sheinbaum and the Mexican Senate condemned the tax as double taxation that would harm migrants and the economies of Mexico and the U.S., urging congressional reconsideration.
- Experts warn the tax risks pushing migrants to informal transfer channels, raising costs and money laundering risks, while potentially increasing undocumented migration and economic instability in remittance-dependent countries.
- If enacted, the tax could affect over 40 million people, slow remittance growth vital to low- and middle-income economies, and generate unintended consequences that might worsen migration and cross-border relations.
110 Articles
110 Articles
Remittance Tax: the Republican Proposal that Would Put Migrants in Check in the U.S.
Republicans in the U.S. House of Representatives are pushing bills that would tax remittances sent by immigrants from the U.S., a measure that could harm millions of families in Latin America and other regions.The plans include taxing both undocumented residents and those who have a visa, green card or are covered by different programs.Proposals for a law to impose taxes on remittancesThe bill known as "Big and Beautiful Bill" raises a 5% tax on…
Why Is Mexico’s Govt Lobbying Against Trump’s ‘Big, Beautiful Bill?’
PULSE POINTS:What Happened: House Republicans proposed a five percent tax on remittances sent out of the U.S. by non-U.S. citizens, sparking opposition from Mexico. In response, Mexican government officials are lobbying House Republicans in the U.S. to drop the provision from President Donald J. Trump’s budget bill. Who’s Involved: U.S. House Republicans, Mexican Ambassador Esteban Moctezuma Barragán, Mexican President Claudia Sheinbaum, and Pre…
Trump's latest outrage against foreign workers
MEXICO CITY -- Mexico’s president has said President Donald Trump's proposal to tax all #remittances sent by migrants from the United States is absolutely unacceptable. It is a measure that would “harm more than 40 million people and have serious...
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