California Explains Trump’s One Big Beautiful Bill Cutting Remittance Tax to 1%
Starting July 2025, the One Big Beautiful Bill Act enforces a 1% tax on specific remittance methods by…
Sai Sankar is a law postgraduate with over 30 years of experience across direct and indirect taxation, spanning consultancy, litigation, and policy interpretation. At VisaVerge.com he leads coverage of cross-border finance for immigrants and NRIs — U.S. and state income tax, IRS rules, tariffs and trade duties, foreign-asset reporting, gift and estate tax, and retirement accounts like IRAs and RMDs. Sai's legal acumen turns the tangled intersection of immigration and money into clear, actionable guidance for a global audience.
www.visaverge.com
Starting July 2025, the One Big Beautiful Bill Act enforces a 1% tax on specific remittance methods by…
In 2025, NRIs in the US face new workplace scrutiny under EEOC and a proposed 5% remittance tax.…
Filing U.S. taxes requires valid Taxpayer Identification Numbers: SSNs for eligible workers, ITINs for non-eligible filers, and ATINs…
A Visakhapatnam resident’s 2025 EB-1 green card approval highlights the challenges Indian applicants face due to backlog delays.…
US layoffs increased 80% in early 2025, especially in tech (74,700+) and retail (75,802+). Stricter H-1B visa rules…
Indian Schengen visa rejections rose to 18% in 2025, causing €16 million lost in non-refundable fees. Austria leads…
Passport Seva 2.0 launched e-passports on June 25, 2025, in 13 Indian cities. Features include embedded biometric chips,…
Trump’s June 30, 2025 threat poses a 25% tariff on Japanese cars unless Japan increases U.S. rice purchases…
India launches secure e-passports with RFID chips from mid-2025. Applicants use Passport Seva Portal for online submission and…
Get weekly visa policy updates, processing time alerts, and expert analysis delivered to your inbox.