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Tag: remittance tax

Posted on May 27, 2025 by mtharp2013

A Tax Too Far? Weighing the 3.5% Remittance Levy in the One Big Beautiful Bill

Let’s talk about money—specifically, money flying out of the country faster than a kid bolting from chores. The One Big Beautiful Bill Act has an interesting provision that I haven’t heard anyone talk about: a 3.5% tax on money sent abroad by non-citizens, including green card holders and visa workers. Let’s examine this from an…

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