‘Minimal’ Hit to Remittances Expected From Trump Tax Bill - BusinessWorld Online

El Financiero

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The reduction of the tax on remittances from 3.5 percent to 1 percent is a “success” of the Senate and President Claudia Sheinbaum Pardo, said Gerardo Fernández Noroña, president of the Board of Directors of the Upper House, in an interview with the media. “I think it was a successful negotiation. Ideally, there would not have been even that 1 percent (of the tax on remittances), but it seems to me that the Commission of Senators and the governm…

telesurtv.net

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The Government of Honduras, under the instructions of President Xiomara Castro, managed to reduce a five percent tax on remittances to one percent, following negotiations with the United States Congress. READ ALSO With the face and strength of women Honduras commemorated 16 years of Popular Resistance The adjustment, limited to cash payments, was the result of a diplomatic dialogue with allied countries. The measure seeks to protect the rights o…

TV Azteca

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The Fiscal Law promoted by President Donald Trump has been officially approved by both houses of the U.S. Congress. The Senate validated it two days ago and, this Thursday, was ratified by the House of Representatives, paving the way for Trump to formally sign it on July 4, Independence Day, as a symbol of what he calls a new beginning for the country. The new budget includes a series of highly controversial fiscal measures, including the establ…