The United States plans to impose a 5% tax on international remittances by non-U.S. citizens

Recently, U.S. House Republicans have included a proposal to impose a 5% consumption tax on international remittances in the overall bill referred to by Trump as the "beautiful bill." If passed, this proposal is expected to affect over 40 million people in the U.S., including green card holders and non-immigrant visa holders, such as those with F-1, H-1B, H-2A, and H-2B visas. This provision will not apply to U.S. citizens. The clause stipulates a 5% consumption tax on remittances, which will be paid by the remitter. The clause specifies that this tax applies to any international remittance unless the remitter is a "verified U.S. remitter." Individuals with legal temporary residency permits, and even those with green cards, will fall within the taxable scope.