US remittance tax

The shadow of a 5% tax: Bangladesh's remittance dilemma

Such a tax would directly eat into the amount that families receive back home, discouraging many from sending remittances via official banking channels

Trump’s remittance tax plan poses threat to Bangladesh

The US House Budget Committee voted late on Sunday to move forward with President Donald Trump's "One Big Beautiful Bill Act", a proposal that could make sending money back home more expensive for three lakh Bangladeshis currently living in the United States.

May 21, 2025
May 21, 2025

The shadow of a 5% tax: Bangladesh's remittance dilemma

Such a tax would directly eat into the amount that families receive back home, discouraging many from sending remittances via official banking channels

May 21, 2025
May 21, 2025

Trump’s remittance tax plan poses threat to Bangladesh

The US House Budget Committee voted late on Sunday to move forward with President Donald Trump's "One Big Beautiful Bill Act", a proposal that could make sending money back home more expensive for three lakh Bangladeshis currently living in the United States.