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The Wall Street Journal: Trump’s company dodged millions of dollars in taxes on Panama hotel, lawsuit claims

President Donald Trump’s property-management company allegedly failed to pay taxes in Panama on millions of dollars in fees it collected for managing a high-rise hotel there, according to new legal filings related to a business dispute over the development.

The filings, made Monday by the hotel’s majority owner, allege that over seven years Trump employees sent money to Trump’s personal bank accounts in the U.S. without paying Panamanian taxes, exposing the property’s owners to millions of dollars in potential liability.

A Trump subsidiary called Trump Panama Hotel Management LLC “also made fraudulent and false claims to the Panamanian tax authorities,” and underreported its payrolls to the local social security authorities, according to the amended civil complaint, filed in the Southern District of New York.

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