BREAKING: Trump’s #TaxReturns show that Trump has a previously unknown bank account in #China.

Trump’s Chinese account is controlled by Trump International Hotels Management LLC that paid $188,561 in taxes TO CHINA, while Trump paid ZERO in the US. https://www.nytimes.com/2020/10/20/us/trump-taxes-china.html?smid=tw-share

Trump falsely smears @JoeBiden about China (PROJECTION!), but Biden’s public financial disclosures & tax returns show ZERO income or business dealings in #China. Meanwhile, Trump’s #TaxReturns have ample evidence of Trump’s efforts to do business with #China.

#TrumpChina

As with #Russia, where Trump explored hotel and tower projects in Moscow, Trump has long sought a licensing deal in #China, as far back as 2006, when he filed trademark applications in Hong Kong & the mainland. Many Chinese government approvals came after he became president.

KremlinBarbie Ivanka also got Chinese trademark approvals for her personal business AFTER she joined the White House staff.

Total #corruption.

#TrumpChina #TrumpCrimeFamily

Trump’s #TaxReturns show he has invested at least $192,000 in 5 companies created specifically to pursue projects in #China. Those companies claimed at least $97,400 in business expenses since 2010, including some payments for taxes and accounting fees **as recently as 2018**.

In 2017, Trump’s company with the bank account in #China reported an unusually large spike in revenue—$17.5 million, more than the previous 5 years’ combined. It was **accompanied by a $15.1 million withdrawal by Trump** from the company’s capital account.

#corruption

Trump’s public financial disclosures described the $17.5 million as “management fees and other contract payments.”

Although his company had a buyout of its management contract for the NY Soho Hotel in 2017, that was only ~$6 million.

Where did the $11.5 million come from https://twitter.com/drdenagrayson/status/1318704099328745473

Outside #China, Trump has had more success attracting wealthy Chinese buyers for his properties in other countries. His hotels and towers in Las Vegas and Vancouver have numerous Chinese purchasers, and in at least one instance drew the attention of the FBI (hello, Ivanka!).

During 2016, a shell company controlled by a Chinese couple from Vancouver bought 11 units for $3.1 million in the Las Vegas tower Trump co-owns with the casino magnate Phil Ruffin (just ask @LincolnsBible about this cat).

#MoneyLaundering #corruption

The owner of a Las Vegas-based financial services firm was later visited by 2 FBI agents asking about the Chinese/Vancouver firm behind the purchases, which had used his office address in incorporation papers without his knowledge. It‘s not known what became of the inquiry. https://twitter.com/drdenagrayson/status/1318705720217509890

In Vancouver, numerous Chinese buyers of units in Trump’s hotel and tower helped increase licensing fees from that project to $5.8 million in 2016—this was the subject of a counterintelligence probe related to Ivanka‘s security clearance.

#TrumpChina #corruption

Not long after the 2016 election, Trump sold a penthouse—previously occupied by Ivanka/Jared in one of his Manhattan buildings—for $15.8 million in an OFF-MARKET deal to Xiao Yan Chen, who has high-level connections to government and political elites in #China.

#TrumpChina

Trump’s #TaxReturns show that he reported a capital gain of **at least $5.6 million** from the penthouse sale in 2017, his first year as president.

TOTAL #corruption.

#TrumpChina #VoteHimOut #Vote https://twitter.com/drdenagrayson/status/1318707522174373889

As always, everything with Trump is PROJECTION.

So whenever Trump falsely smears Joe Biden about #China, you know that it’s a false front to hide Trump’s own dirty dealings.

Enough of this traitorous grifter.

#VoteHimOut #TrumpChina #Vote https://twitter.com/drdenagrayson/status/1318701142302466050