Скачать или смотреть Part 9 – 1% Excise Tax on Remittances

Part 9 – 1% Excise Tax on Remittances (Ch. 2, Subchapter A)

H.R. 1 introduces a 1% excise tax on remittances—money sent abroad for goods, services, or compensation—under Chapter 2, Subchapter A. This provision directly affects businesses with international contractors, overseas staff, or cross-border transactions, increasing the cost of global operations. The Committee for a Responsible Federal Budget (2025) warns that industries reliant on remittances, like logistics and digital services, may feel the pinch most. To manage the impact, companies should consider restructuring international payment terms, batching transactions, or sourcing alternative service providers where feasible.

Sources:
• H.R. 1, Ch. 2, Subchapter A: https://www.congress.gov/bill/119th-c...
• Committee for a Responsible Federal Budget (2025): https://www.crfb.org/analysis/hr1-tax...