A court filing says the president's company misrepresented salaries paid to employees and other financial records of the hotel to cut its tax bill.
The majority owner of a former Trump-branded hotel in Panama alleged in a court filing on Monday that President Donald Trump's company misrepresented finances of the building to evade taxes in the country.
The new accusations are part of protracted, bitter dispute between Trump's company and Fintiklis, the majority owner of the 70-story, seaside, sail-shaped building. The Trump Organization said that it did not evade any taxes and, if anything, Fintiklis is to blame on tax matters.
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Trump’s company dodged millions of dollars in taxes on Panama hotel, lawsuit claimsPresident Donald Trump’s property-management company allegedly failed to pay taxes in Panama on millions of dollars in fees it collected for managing a high-rise hotel there, according to new legal filings related to a business dispute over the development.
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Tokyo Hotel Set for Trump Bump From Presidential StayAs a former real-estate magnate, President Trump might appreciate one clear winner from his four-day trip in Japan: the hotel where he stayed.
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