EXCISE TAX
Internal Revenue Bulletin 2026-18 · 2026-10-03 edition · updated 2026-10-04 · United States
REG-114499-25, page 883. Section 4475 imposes a one percent tax on remittance transfers made after December 31, 2025, for which the sender provides cash, a money order, a cashier’s check, or other similar physical instrument to the remittance transfer provider. This Notice of Proposed Rulemaking contains proposed rules relating to the imposition and calculation of that excise tax.
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