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In reply to the discussion: DEUTSCHE BANK IS TURNING OVER INFORMATION ON TRUMP [View all]marylandblue
(12,344 posts)66. Not quite
Two problems. First of all, the IRS taxes income not property or net worth. So the valuations of the property won't be in the tax return. However, income generated from the property will be in the return, and that can be used to appraise the property. Second, valuation is an opinion of a property's worth. IRS and the bank don't have to have the same opinion. But since the bank uses income to value the property, if he reported a different income from the property to the IRS than he did to the bank, then that would be either tax cheating or fraud.
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SecComm Wilbur Ross owns Bank of CYPRUS laundry w connex to Putin oligarchs. Deutsche Bank CEO. nt
Bernardo de La Paz
Jul 2017
#19
Thanks for that...I will enjoy watching this lifelong criminal go down, if he does.
Eliot Rosewater
Jul 2017
#45
IMHO, Donnie has been money laundering for the rich and despotic, as a side gig, for years.
Thomas Hurt
Jul 2017
#34
Deutsche bank has been investigated before. It was fined or something for money laundering.
Honeycombe8
Jul 2017
#70