Never-Before-Seen Trump Tax Documents Show Major Inconsistencies
Documents obtained by ProPublica show stark differences in how Donald Trump’s businesses reported some expenses, profits and occupancy figures for two Manhattan buildings, giving a lender different figures than they provided to New York City tax authorities. The discrepancies made the buildings appear more profitable to the lender — and less profitable to the officials who set the buildings’ property tax. For instance, Trump told the lender that he took in twice as much rent from one building as he reported to tax authorities during the same year, 2017. He also gave conflicting occupancy figures for one of his signature skyscrapers, located at 40 Wall Street. Lenders like to see a rising occupancy level as a sign of what they call “leasing momentum.” Sure enough, the company told a lender that 40 Wall Street had been 58.9% leased on Dec. 31, 2012, and then rose to 95% a few years later. The company told tax officials the building was 81% rented as of Jan. 5, 2013. |
Secret Service prepares for if Trump is jailed for contempt in hush money case
314Yesterday, 17:00US Senate passes $95 billion aid package for Ukraine, Israel and Taiwan
321Yesterday, 16:18Statement by President Joe Biden on Armenian Remembrance Day
206Yesterday, 14:54Rishi Sunak promises UK’s largest ever military support package for Ukraine
49823.04.2024, 10:00Colomina: ''Welcome the agreement between Armenia and Azerbaijan''
36922.04.2024, 16:48Polish President confirms his country's 'readiness' to deploy nuclear weapons on its territory
62522.04.2024, 16:06