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The 1% Remittance Tax Is Now Law. Here's Exactly Who Pays It — and the Legal Way to Pay Nothing.
YOU'RE PAYING A TAX YOU DON'T HAVE TO PAY An IMMIGRANTS.LIVE Guide If you've sent money to family outside the United States any time since January 1, 2026, there's a decent chance you've already paid a tax you didn't need to pay — or you're about to. A new federal excise tax on remittances took effect at the start of this year, tucked into the tax and spending package Congress passed last summer. It's small on paper: one percent. But it lands on a group of people who are alre
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