The "Chyna" Undisclosed Bank Account...
The New York Times will continue to publish more details of Trump's tax return story as a drip-feed campaign prior to the election.
Apparently paid corporate tax in China, but nothing to the US...
The newspaper's previous reports show he paid $750 (£580) in US federal taxes in 2016 and 2017, when he became president.
The Chinese bank account has paid out $188,561 in local taxes.
Let me help. A US tax loss carry forward wouldn’t apply in China. Make sense?
You do know multi national companies are taxed separately in the countries in which they operate.....surely , I hope?
Hey, Sharktwat if you ever did international business with a country outside of the Bluff you would understand a little bit more the reasons for having a bank account in the country you are doing business with.
In many instances, you have to have a local contact to support your line of business and they have to be paid not in US $ but the local currency.
There are additional expenses that cover local municipal and state taxes plus rent (if an office is required) and everything to run that support cost money plus paying income tax.
LOCAL CURRENCY of that country.
Your posting accusing PDT of whatever just shows your ignorance of dealing internationally.
So talk about something you know like BOXING.
TWAT.
Because his tax losses are US tax losses.......which cannot be subtracted from Chinese income for Chinese tax purposes. It’s not a conspiracy it’s basic international tax law.
Vissie,
Give us your version of how tax works.
One sec, I'm getting some popcorn.
Perhaps it's the tax deficit that causes those man-made Tsunamis.
@Bum Chum,
You did not respond on the thread about the environment, so no point repeating what I said on that thread in detail.
Instead of responding on the thread, you carry it over to other threads- which is just pointless having to repeat context over again.
(e.g. that earthquakes "may" be caused by man, and the resultant earthquakes may in turn "may" cause Tsunamis).
I provided many sources that back up the hypothesis, but you can never do that because most of the alternative reality crew are dummies. (See that thread....)
P.s, I see Cloudy has you running for the hills again. She is too smart for you...
Bum Chum you are not a first-world person. A 2nd world person at best, but more likely a third world person. . Know your place in the kitchen, because Cloudy is much smarter than you.
Ok Vissie,
Name a man-made Tsunami.
Forbes Estimates China Paid Trump At Least $5.4 Million Since He Took Office, Via Mysterious Trump Tower Lease. Trump lied once again in the last presidential debate when he categorically stated he makes no money from China.
If you read the article you just posted you will read that the money you are referring to is for rent in Trump Tower to a Chines Bank.
Just so you understand business have to pay rent if they are housed in a rental building.
Plus the rental goes into the COMPANY ACCOUNT not into PDT's back pocket.
The difference you miss is that the monies illegally hustled by the Biden's from China and whoever else are believed have not been declared and no taxes were paid.
Simple but confusing for you we understand.
As a matter of fact as stated on the news the FBI docket that was opened on this issue carries a code on the official docket that indicates they are investigating MONEY LAUNDERING.
Now you are really screwed up....but wait I am sure their are additional issues that Basement Banker Joe will have to answer for.
FOUR MORE YEARS for PDT.
Not sure how many years the Biden's are going to receive.
Trust that CNN will have their cameras ready for when the FBI makes the arrests.
to a Chines bank should read from a C.....B
Sharktwat once more you are thinking with the wrong head.