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A hotel owner has accused Trump of evading millions of dollars in taxes in Panama.
President-elect Donald Trump has started a quarrel with Panama over the fees it's charging American ships to use the Panama Canal, while the Trump Organization is fighting a court case over taxes in the central American country.
What to Know
In June 2019, the owners of a Panama City hotel that was managed by Trump's businesses, and carried the Trump brand, accused two companies, Trump Panama Hotel Management LLC and and Trump International Hotels Management LLC, of not paying taxes on their Panamanian earnings.
taxes are for the little people
The estate went from a $10.5 million appraisal to $4.1 million, resulting in a much lower tax bill for the senator and her husband.
I can explain why ! It’s a trick she learned from Trump! Over-value for collateral, under-value when the tax man comes.
Rinse. Repeat.
What Trump paid in taxes in four countries in 2017.
Yep, Trump paid the Philippines 209 times in taxes what he paid the US.