( NEW YORK)– The bulk owner of a previous Trump-branded hotel in Panama has implicated the U.S. president’s company of evading taxes in the nation.
A filing in New York federal court on Monday alleges that President Donald Trump’s hotel management business averted income and social security taxes when it managed the former Trump Ocean Club International Hotel & Tower. The new allegations become part of protracted, bitter conflict between Trump’s company and Orestes Fintiklis, the majority owner of the 70- story, beach, sail-shaped building.
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The filing states that Trump’s company misrepresented incomes paid to workers and other financial records.
The Trump Organization states it did not evade taxes.
Judicial officials in Panama ruled against Trump’s company early last year and Trump’s name was gotten rid of from the exterior. The building is now handled by U.S. hotelier Marriott International.
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