western union tax

Western Union’s Documentary Stamp Tax on remittances

The good news is that the additional 0.15% tax on all incoming overseas remittances was supposed to start May 30, 2008 but, until now, this has not been implemented.

The bad news is that the collection of this tax will start anytime soon.

Last week when I picked up my Google Adsense earnings from Western Union, they told me that the additional Documentary Stamp Tax (DST) tax on remittances will start “sometime this June.”

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