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A court imposes a 1.4 million fine on Donald Trump’s company for almost twenty tax crimes

A New York court has imposed this Friday a fine of 1.6 million dollars (1.4 million euros), the maximum stipulated by law, on the organization of former United States President Donald Trump for tax fraud, among others. crimes.

Two Trump entities, The Trump Corp. and Trump Payroll Corp., were convicted last month of 17 serious tax crimes, including the aforementioned fraud or falsifying business records.

Prosecutors argued that Trump’s company covered personal expenses such as executive car rentals and leases, without declaring them as income, according to the Politico news portal.

This verdict takes place after the former head of finance for the company, Allen Weisselberg, pleaded guilty to the crime of fraud and went on to collaborate with the New York Prosecutor’s Office.

It should be remembered that US law imposes a maximum fine of $250,000 for the type of tax crimes for which the Trump Corporation has been convicted.

In the same way, it must be emphasized that this case is not related to the civil lawsuit worth 230 million euros presented by the New York attorney general, Letitia James.

In this case, the Prosecutor’s Office accuses Trump, his three eldest children, Weisselberg and other collaborators of defrauding lenders, insurers and tax authorities by inflating the value of multiple properties of the organization.

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