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
04 June 2019 - 20:00
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...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.