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Fintech Group Warns Remittance Tax Will Hurt Consumers

By Katryna Perera ( May 28, 2025, 11:13 PM EDT) -- The American Fintech Council sent a letter to members of Congress asking them to reconsider a proposed tax on remittances that is a part of the $3.8 trillion bill to extend and make permanent the Republican Party's 2017 tax overhaul law, also known as The One Big Beautiful Bill Act....

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