Mexico Would Lose 2,300 and Chihuahua 52 Mdd per Levy on Remittances

Chihuahua, Chih.- Representatives of the PAN, PRI and the Citizens' Movement agreed on the unfairness of the tax on remittances from Mexican workers in the United States. PRI Congressman José Luis Villalobos reported that according to financial calculations, the neighboring government's measure would generate losses of $2.3 billion less in Mexico and $53 million in Chihuahua. “They cannot thus harm those who sustain the economy of the United Sta…

The Regional Economic Development Council of Chihuahua (Coder) through the Platform for Competitive Private Sector Intelligence (PICSP) announced that the state of Chihuahua will decrease 50 million dollars in remittances in the event that the 3.5% tax on remittances is approved. If approved, the impact for the state of Chihuahua could be 50 million dollars less than the Chihuahuans would no longer receive from their relatives in the United Stat…

In Sonora's case, in the first three months of 2025 remittances fell by three percent.