Do you effect transfers of funds for US residents to recipients abroad? If so, you should review the provision of the “One Big Beautiful Bill Act” (“OBBBA”) that imposes a new excise tax on ...

Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. This voice experience is generated by AI. Learn more. This ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

President Trump has famously said that “‘tariffs’ is the most beautiful word to me in the dictionary.” [1] As financial service firms know, the Administration’s tariff policy has not been limited to ...