Latest Corporate taxes News

Trump Organization convicted in executive tax dodge scheme

Dec. 06, 2022 21:52 PM EST

NEW YORK (AP) — Donald Trump’s company was convicted of tax fraud Tuesday for helping executives dodge taxes on extravagant perks such as Manhattan apartments and luxury cars, a repudiation of financial practices at the former president’s business as he mounts another run for the White House....

Donald Trump’s company found guilty of tax fraud in scheme hatched by top executives

Dec. 06, 2022 16:03 PM EST
NEW YORK (AP) — Donald Trump’s company found guilty of tax fraud in scheme hatched by top executives.

What's at stake as Trump Org. trial deliberations continue

Dec. 05, 2022 18:36 PM EST

NEW YORK (AP) — It’s one ballot former President Donald Trump would rather not be associated with: the verdict sheet at his company’s criminal tax fraud trial. Deliberations are set to spill into a second day Tuesday as jurors weigh charges that the Trump Organization helped...

Prosecutor: Evidence shows Trump 'explicitly' OK'd tax fraud

Dec. 02, 2022 15:27 PM EST

NEW YORK (AP) — In the end, it wasn't a last-minute smoking gun but a prosecutor insisting that evidence shows Donald Trump was aware of a scheme that his Trump Organization’s executives hatched to avoid paying personal income taxes on millions of dollars worth of company-paid perks. ...

Orban says Hungary will stick to veto of EU-Ukraine aid plan

Dec. 02, 2022 06:14 AM EST

BUDAPEST, Hungary (AP) — Hungary's prime minister said Friday that he will continue to oppose a European Union plan to provide an 18-billion-euro ($19-billion) aid package to Ukraine in 2023, a position that promises sustained tensions as the bloc and the nationalist Hungarian government wrangle...

Prosecutor: Donald Trump knew about exec's tax fraud scheme

Dec. 01, 2022 20:12 PM EST

NEW YORK (AP) — Donald Trump “knew exactly what was going on” with top Trump Organization executives who schemed for years to dodge taxes on company-paid perks, a prosecutor said Thursday, challenging defense claims that the former president was unaware of the plot at the heart of the...

Key allegations, witnesses as Trump Org. trial winds down

Nov. 29, 2022 20:04 PM EST

NEW YORK (AP) — Former President Donald Trump’s inaugural address clocked in at just 16 minutes. Closing arguments that are slated for Thursday in his company’s criminal tax fraud case? Prosecutors and defense lawyers say those could take seven hours or more. Those projections...

California trucking firm owner sentenced for deadly blast

Nov. 29, 2022 18:59 PM EST

LOS ANGELES (AP) — A Southern California trucking company owner who ordered the illegal repair of a tanker that led to a deadly explosion was sentenced Tuesday to 10 years in federal prison. Carl Bradley Johansson, 64, of Newport Beach also was sentenced for tax evasion and for...

At Trump Org. fraud trial, defense rests and deflects blame

Nov. 28, 2022 17:54 PM EST

NEW YORK (AP) — The defense rested Monday at the Trump Organization’s criminal tax fraud trial after a contentious day in court, putting the case involving former President Donald Trump’s real estate empire on track for deliberations next week. Trump Organization lawyers...

French prosecutors probe alleged illegal election financing

Nov. 24, 2022 13:16 PM EST

PARIS (AP) — French national financial prosecutors said Thursday they have opened an investigation into suspected illegal financing of electoral campaigns in 2017 and 2022. A leading French newspaper reported that the probe targets President Emmanuel Macron’s winning election bids. ...