Carrie Brandon Elliot reviews questions and action plans generated by the January 1 effective date of a 1 percent tax on remittances from the U.S. to foreign recipients.

WASHINGTON, June 13, 2023 — Officially recorded remittance flows to low- and middle-income countries (LMICs) are estimated to grow by 1.4% to $656 billion in 2023 as economic activity in remittance ...

IN TAPACHULA, a furnace of a city in southern Mexico, people line up inside an air-conditioned branch of Banco Azteca to process their remittances. Last year Mexicans received an estimated $24 billion ...