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1% tax on remittances in the US will be reimbursed to fellow countrymen

1% tax on remittances in the US will be reimbursed to fellow countrymen

02 MIN 00 SEC

Claudia Guerrero and Natalia Vitela

Mexico City (June 30, 2025) - 8:15 a.m.

CSP announced that, once the 1% tax on cash remittances from the US is approved, the Mexican government will promote a reimbursement program through Finabien.

CSP announced that, once the 1% tax on cash remittances from the US is approved, the Mexican government will promote a reimbursement program through Finabien. Credit: Special

President Claudia Sheinbaum announced that once the 1 percent tax on cash remittances from the United States is approved, the Mexican government will promote a program to reimburse that amount to Mexicans, as long as they use the Welfare Financing Fund .

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