Money & Taxes
US 1% Remittance Tax on Money Sent to Mexico: Who Pays It
The new federal excise tax hits cash at the counter, not account-to-account transfers. What it means for money sent to family in Mexico City, as of November 2026.
Mexico City, Mexico and the world. News in English.
The new federal excise tax hits cash at the counter, not account-to-account transfers. What it means for money sent to family in Mexico City, as of November 2026.
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