Bloomberg Tax
Oct. 21, 2020, 12:04 AM

Trump Tax Records Show Bank Account in China, NYT Reports

Max Zimmerman
Max Zimmerman
Bloomberg News

A Chinese account controlled by Trump International Hotels Management paid $188,561 in taxes in China while pursuing licensing deals in the country from 2013-2015, the New York Times reports, citing the president’s tax records, which it obtained.

  • Trump also has foreign accounts in Britain and Ireland, NYT says
    • British and Irish accounts held by companies that operate Trump’s golf courses in Scotland, Ireland
  • Tax records do not include details on how much money have passed through the overseas accounts
  • Accounts don’t show up on Trump’s public financial disclosures because they’re held under corporate names; identities of the financial institutions ...