Death and Taxes, Cont.

“Noooooooo!”

 Trump Records Shed New Light on Chinese Business Pursuits

“Mr. Trump’s own business history is filled with overseas financial deals, and some have involved the Chinese state. He spent a decade unsuccessfully pursuing projects in China, operating an office there during his first run for president and forging a partnership with a major government-controlled company.

“And it turns out that China is one of only three foreign nations — the others are Britain and Ireland — where Mr. Trump maintains a bank account, according to an analysis of the president’s tax records, which were obtained by The New York Times. The foreign accounts do not show up on Mr. Trump’s public financial disclosures, where he must list personal assets, because they are held under corporate names. The identities of the financial institutions are not clear.

“The Chinese account is controlled by Trump International Hotels Management L.L.C., which the tax records show paid $188,561 in taxes in China while pursuing licensing deals there from 2013 to 2015.

[Ed. Please recall that Comrade Stupid paid $750 Ameroes to the US Gubmint. That is all. — TG]

“The tax records do not include details on how much money may have passed through the overseas accounts, though the Internal Revenue Service does require filers to report the portion of their income derived from other countries. The British and Irish accounts are held by companies that operate Mr. Trump’s golf courses in Scotland and Ireland, which regularly report millions of dollars in revenue from those countries. Trump International Hotels Management reported just a few thousand dollars from China.”

Everytime Prznint Stupid accuses someone else of something, it is the crime he himself has committed. It’s projection and confession, and I would pay attention not just to him bleating Chy-Na, but listen to him as he talks about Biden et al treason. He’s confessing to that, too. Bank on it.

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9 Responses to Death and Taxes, Cont.

  1. Dennis Cole says:

    “…Mr. Trump’s golf courses in Scotland and Ireland, which regularly report millions of dollars in revenue from those countries. Trump International Hotels Management reported just a few thousand dollars from China.”

    I thought it was millions of Ameros in LOSSES, or only a slight profit. Hmmm…..I bet the “revenue” gets offset by a super-high and horrible overhead, and infrastructure repair/replacement costs, and various management fees, and other costs, like to consultants, (Helloooo, Ivanka!) that make the books balance.

    Liked by 2 people

    • MDavis says:

      He carries losses forward from previous years. Those losses are claimable for a long time. I don’t remember if they everexpire.

      Liked by 2 people

    • roket says:

      I’m guessing it’s the added income from the US Military for lodging and various other sundry and assorted expenses. Probably for Captain Mike Hunt and Sgt Seymore Butts and the like.

      Like

  2. Trump International Hotels Management reported just a few thousand dollars from China.

    ORLY??? From TA which IFR

    In 2017, the company reported an unusually large spike in revenue — some $17.5 million, more than the previous five years’ combined. It was accompanied by a $15.1 million withdrawal by Mr. Trump from the company’s capital account.

    On the president’s public financial disclosures for that year, he reported the large revenue figure, and described it only as “management fees and other contract payments.”

    I can smell the stench from here. That was a bribe for something…

    Liked by 3 people

  3. MDavis says:

    Is this the same report that mentioned a property management company visited by the FBI about their involvement? That involvement turned out to be that someone used their address, without their knowledge, as the home of a fictitious company.

    Liked by 1 person

    • Yes:

      During the 2016 campaign, a shell company controlled by a Chinese couple from Vancouver bought 11 units, for $3.1 million, in the Las Vegas tower Mr. Trump co-owns with the casino magnate Phil Ruffin. The owner of a Las Vegas-based financial services firm told The Times he was later visited by two F.B.I. agents asking about the company behind the purchases, which he said had used his office address in incorporation papers without his knowledge. It is not known what became of the inquiry.

      Link about the deal with more info about the fraudy part

      https://www.usatoday.com/story/news/2017/04/20/trump-owns-250m-condos-and-you-could-buy-one/100566302/

      Gee, it’s almost as if Job #1 for the Trump Administratiion has been all about making Trump richer…

      Liked by 2 people

  4. roket says:

    Whether RWNJs realize it or not they make it glaringly obvious that they hold Democrats to a higher standard. While they libel Democrats who have been under a microscope for years, they continue to flaunt their corruption and rub it in our faces. The bastages.

    Like

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