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 (Whether such a tax is later repealed is irrelevant.)
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@mods please resolve as yes - https://brighttax.com/blog/remittance-tax/
That or somebody explain what is going on. Multiple articles clearly show this as happening.
@RyanCarey I assume this can resolve as yes based on the passage of the OBBA and related enabling legislation? If not what do you still need to see to resolve this as yes? https://www.westernunion.com/blog/en/us-remittance-tax/