WHY REMITTANCES TO POOR COUNTRIES SHOULD NOT BE TAXED.

The article explores the reasons why remittances to poor countries should not be taxed. It discusses the direct and indirect benefits of remittances as well as the different advantages over the other forms of financial assistance. The authors explain the implications of remittances for the tax treatment of migrants from these countries who are employed in affluent or developed countries. They also propose that the remittances from migrants should be offered with refundable tax exemptions and credits for funds that they remit back to their countries of origin.