Excise Tax on Remittance Transfers
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- Title
- Excise Tax on Remittance Transfers
- Posted
- Apr 13, 2026
- Comment period
- Apr 13, 2026 – Jun 13, 2026
- FR Doc
- 2026-07085
- CFR
- 26 CFR Parts 40 and 49
- Topics
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| Organization | Provider-level tax adjustment mechanism | Military personnel exemption |
|---|---|---|
America's Credit Unions AdvocacySupport America’s Credit Unions supports the IRS's proposed rules for the excise tax on remittance transfers, particularly the a | · | |
INFiN, A Financial Services Alliance Trade associationSupport INFiN, a national trade association representing financial services providers, supports the federal goal of improving ta | · | |
U.S. Money Express Co. BusinessSupport U.S. | · |
Explorer
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- Jun 12, 2026The Money Services Roundtable & the Electronic Transactions AssociationOpposeTrade association📎 Attachment
The Money Services Round Table (TMSRT) and the Electronic Transactions Association (ETA) oppose several provisions of the proposed regulations regarding the excise tax on remittance transfers. They argue against the current refund procedures, the inclusion of "anti-avoidance" provisions that would tax non-cash funding sources, and the proposed effective date, requesting more time for system adaptation.
Read comment → - Jun 3, 2026Imani WileyOtherOther📎 Attachment
The submission appears to be a technical draft of IRS instructions for Schedule 6 (Form 8849) rather than a public comment. It contains no specific argument or position regarding the proposed excise tax on remittance transfers.
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