Does the new remittance tax apply to digital transfers that my brother sends from the US? My family is confused
My aunt told my mom that the government is now taxing all remittances and my mom won't stop calling my brother in chicago asking if she's going to receive less money. He sends to her bancoppel through an app every month. Says nothing changed on his end, no extra tax, same amount arriving.
Mom doesn't believe him because my aunt "read it on facebook" so here I am asking reddit to settle a family argument lol.
Has anyone receiving remittances from the US actually seen a decrease since january? My brother pays from his US debit card through an app, which should be exempt from the 1% tax from everything I've read. Also... has anyone actually gotten the finabien card or is that still just a press conference thing?