US remittance tax becomes law by December 31, 2025
3
100Ṁ30Dec 31
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The U.S. House of Representatives has passed the "big, beautiful" tax bill which included a 3.5% tax on remittance transfers sent abroad by non-U.S. citizens (FT), aiming to fund border security and deter illegal immigration. This market resolves 'Yes' if a federal law imposing a tax on remittances is enacted by December 31, 2025. Resolution will be based on official government publications or reputable news sources confirming the enactment. (Whether such a tax is later repealed is irrelevant.)
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