Paying for the Wall: Will President Trump’s Administration Scrutinize, Tax, or Seize Remittances?

By Joseph A. Valenti, Daniel F. C. Crowley, Michael R. Komo

One of the most significant post-election questions for the financial-services industry—particularly global financial institutions that move money across borders—is what is the status of President-elect Trump’s proposal to tax electronic remittances to Mexico to pay for the wall between Mexico and the United States?

To read the full alert, click here.

Copyright © 2019, K&L Gates LLP. All Rights Reserved.