#ALEO The United States imposes a 1% remittance tax on certain cross-border transfers. Summary generated by AI: Starting January 1, 2026, the United States will levy a 1% tax on certain cross-border remittances, applicable to transactions paid with cash or other "physical payment tools." Transfers via bank accounts or cards are generally not subject to this tax. Cryptocurrency and stablecoin transfers also seem to be unaffected by this tax, but the specifics are yet to be confirmed. Odaily Planet Daily reported that on January 1, 2026, the new tax measures targeting certain cross-border remittances in the United States officially took effect. According to regulations from the U.S. Department of the Treasury and the IRS, starting January 1, 2026, remittance service providers are required to collect a 1% tax on qualifying remittance transactions and report and pay it accordingly. The regulations specify that when the remitter uses cash or similar "physical payment tools" (including money orders, bank drafts, etc.) as the source of funds for cross-border remittances, the tax must be paid; transactions funded through U.S. bank accounts or using debit or credit cards are generally not within the scope of taxation. This measure is part of the "Big and Beautiful" tax and spending bill promoted by the Trump administration. According to IRS regulations, this tax applies to overseas remitters, including U.S. citizens and residents. Some tax experts believe that "cryptocurrency and stablecoin transfers are not considered taxable remittance transfers." In other words, stablecoins are not classified as "physical payment tools" within the scope of this tax, but the actual situation has not yet been confirmed.