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Trump maintains Chinese bank account, paid $188K in taxes: NYT report

Trump maintains Chinese bank account, paid $188K in taxes: NYT report

As per a NYT investigation, President Trump maintains a Chinese bank account. The account is controlled by Trump International Hotels Management and paid local taxes to the tune of $188,561 between 2013 and 2015. The NYT revealed the account after claiming to have obtained Trump’s tax records. A lawyer for the Trump Organization confirmed the account but said it was used to only pay taxes.

Timothy
Timothy
Vark
Vark 1 months

Isn't it required to have a bank account within China to do business there? This is not the same as taking millions directly from their government for sponsored ideas. Do you know how many companies have a Chinese branch because the government makes it illegal for foreigners to do direct business there?

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