Proposed US Remittance Tax Is Unconstitutional, Sheinbaum Says: Thursday's Mañanera Recapped
- President Claudia Sheinbaum said on May 16, 2025, that a proposed 5% U.S. tax on remittances to Mexico is unconstitutional and discriminatory.
- Sheinbaum and Finance Secretary Edgar Amador argued the tax violates a 1994 U.S.-Mexico tax treaty and amounts to double taxation.
- Mexico receives about US$65 billion annually in remittances, which represent nearly 4% of its GDP, with growth continuing into 2025.
- Sheinbaum urged Mexicans in the U.S. to contact their congressional representatives and noted the Mexican Senate opposes the tax proposal.
- If implemented, the tax could face legal challenges and negatively impact Mexican immigrant communities sending remittances home.
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Mexico City, May 16 (EFE).- Claudia Sheinbaum, president of Mexico, celebrated the first setback suffered in the United States Congress by the proposal to impose a 5% tax on remittances sent by Mexicans. However, she warned in a short interview to media that it is essential to remain alert, since the tax will be discussed again in the future. “It is raised that they will discuss it again. We will continue to avoid that there may be this tax that…
The president called this tax unfair and considered that it violates an agreement with the United States.
President Claudia Sheinbaum offered on Thursday a curious explanation of a way used by the United States to send sensitive information about possible security objectives to Mexico: agents from that country file a complaint when they have a clue and the Mexican authorities act on the basis of that data.
Mexico will deploy "the best political and legal defense" against the US initiative that proposals to impose an additional tax on referral transfers, Foreign Minister Juan Ramon de la Fuente Said Friday.
President Claudia Sheinbaum has shown her disagreement over the proposal being discussed in the U.S. Congress to tax remittances sent by migrants, with a 5% tax. The proposal has already been approved by a committee of the House of Representatives with the majority of votes of Republicans, authors of the initiative, and threatens to reach the Senate. The immediate measures of the Mexican government include a diplomatic operation that has begun w…
The Remittance Tax is Highly Discriminatory: President Sheinbaum - teleSUR English
The proposed 5% tax would also violate the U.S.-Mexico Double Taxation Treaty in effect since 1994. On Friday, Finance Secretary Edgar Amador said that the proposal to impose a 5% tax on remittances violates a tax treaty between Mexico and the United States that has been in effect since 1994. RELATED: Remittance Taxes Emerge as Weapon Against Undocumented Immigrants “The money sent by migrants from the U.S. to Mexico has already been taxed. If a…
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