Ep 57: What Is English For "The New Remittance Tax"?

カートのアイテムが多すぎます

ご購入は五十タイトルがカートに入っている場合のみです。

カートに追加できませんでした。

しばらく経ってから再度お試しください。

ウィッシュリストに追加できませんでした。

しばらく経ってから再度お試しください。

ほしい物リストの削除に失敗しました。

しばらく経ってから再度お試しください。

ポッドキャストのフォローに失敗しました

ポッドキャストのフォロー解除に失敗しました

Ep 57: What Is English For "The New Remittance Tax"?

無料で聴く

ポッドキャストの詳細を見る

このコンテンツについて

This conversation discusses the implications of the One Big Beautiful Bill Act, which introduces a 1% excise tax on remittance transfers starting January 1, 2026. The goal is to raise approximately $10 billion over the next decade.

We explain how this tax will affect American families sending money abroad, the collection process, and planning strategies to mitigate the impact of this new tax.

We emphasize the importance of understanding the tax's application and exploring alternative methods for sending money to avoid additional fees.

We have a new checklist to help you plan for the new tax and hopefully avoid it.

Takeaways

A 1% tax on international money transfers will take effect in 2026.
The tax applies to all remittance transfers by US citizens, residents, and foreign nationals on work visas – (Everyone)
Providers will collect the tax on behalf of the IRS.
Planning for the tax is essential to managing costs effectively.
Some transfers may be exempt, based on the institutions used or the methodology.
A checklist is available to help plan for the new tax.

Grab the Remittance Checklist here

Chapters

00:00 Introduction to the New Tax on Remittances
02:45 Understanding the Impact of the Tax
05:56 Planning for the New Remittance Tax

---------------------------------------------------------------------------------

The IM Café Finance / Tax Roastery (Store) Is Live

Grab "the Comprehensive Checklist for Foreign Nationals on Work Visas Leaving the U.S." currently on sale, to celebrate our 50th episode.

If you'd like to work with us on your finances or taxes, check out the process

---------------------------------------------------------------------------------

Be sure to join the conversation by visiting our page: The International Money Cafe

Or by following us on social media:- LinkedIn; Instagram; Twitter (X); Facebook.

------------------------------------------------------------------------------------
The speakers' views and opinions discussed in this episode should not be considered financial, tax, or legal advice. Consult your advisor for any legal, cross-border tax, and financial advice.

まだレビューはありません