Trump’s Panama company evaded tax, claims former partner
Accusations contained in a court filing as part of a lawsuit against Trump International Hotels Management
New York — A former business partner of Donald Trump’s hotel management company has claimed that the US president’s firm evaded income taxes on a project in Panama and underreported employee salaries there.
The accusations were contained in a court filing on Monday by Orestes Fintiklis and his fund, Ithaca Capital Investments, as part of a lawsuit against Trump International Hotels Management. Ithaca assumed control of the property after Trump withdrew from it in March 2018, and a bitter feud over the development has ensued.