‘Minimal’ Hit to Remittances Expected From Trump Tax Bill - BusinessWorld Online

El Financiero

Lean Right

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The reduction of the tax on remittances from 3.5 percent to 1 percent is a “success” of the Senate and President Claudia Sheinbaum Pardo, said Gerardo Fernández Noroña, president of the Board of Directors of the Upper House, in an interview with the media. “I think it was a successful negotiation. Ideally, there would not have been even that 1 percent (of the tax on remittances), but it seems to me that the Commission of Senators and the governm…

telesurtv.net

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The Government of Honduras, under the instructions of President Xiomara Castro, managed to reduce a five percent tax on remittances to one percent, following negotiations with the United States Congress. READ ALSO With the face and strength of women Honduras commemorated 16 years of Popular Resistance The adjustment, limited to cash payments, was the result of a diplomatic dialogue with allied countries. The measure seeks to protect the rights o…

Confidencial HN

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Migrants still question: real relief or simple resignation in the face of fiscal punishment? TEGUCIGALPA, HONDURAS. Honduran Foreign Minister Efraín Bú Soto took credit on Thursday for the reduction of the new tax on remittances approved in the U.S. House of Representatives as part of the fiscal plan promoted by former President Donald [...]

Proceso Digital

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The Honduran Foreign Minister, Javier Bú Soto, attributed that due to his management the application of 1% of the tax on remittances included in Donald Trump’s proposed fiscal and budgetary law. Foreign Minister Bú’s entry is attributed that thanks to his efforts the tax on remittances only out of 1% was first published in the Digital Process.