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- Mar 18, 2017
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Donald Trump maintains a bank account in China where he pursued licensing deals for years, according to a report that could undermine the president’s election campaign claim that he is tough on Beijing.
Tax records reviewed by the New York Times showed a previously unreported bank account in China controlled by Trump International Hotels Management. The account paid $188,561 in taxes in China between 2013 and 2015 in connection to potential licensing deals, according the newspaper.
Earlier reporting by the Times showed he paid just $750 in US taxes in 2016 and 2017.
Tax records reviewed by the New York Times showed a previously unreported bank account in China controlled by Trump International Hotels Management. The account paid $188,561 in taxes in China between 2013 and 2015 in connection to potential licensing deals, according the newspaper.
Earlier reporting by the Times showed he paid just $750 in US taxes in 2016 and 2017.
Donald Trump paid nearly $200,000 in taxes to China, report claims
New York Times says records reveal company bank account in China, and documents show he paid more tax there than at home
www.theguardian.com