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Proposed US Remittance Tax Is Unconstitutional, Sheinbaum Says: Thursday's Mañanera Recapped

  • President Claudia Sheinbaum said on May 16, 2025, that a proposed 5% U.S. Tax on remittances to Mexico is unconstitutional and discriminatory.
  • Sheinbaum and Finance Secretary Edgar Amador argued the tax violates a 1994 U.S.-Mexico tax treaty and amounts to double taxation.
  • Mexico receives about US$65 billion annually in remittances, which represent nearly 4% of its GDP, with growth continuing into 2025.
  • Sheinbaum urged Mexicans in the U.S. To contact their congressional representatives and noted the Mexican Senate opposes the tax proposal.
  • If implemented, the tax could face legal challenges and negatively impact Mexican immigrant communities sending remittances home.
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Mexico News Daily broke the news in Mexico on Friday, May 16, 2025.
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