The Trump Organization has been fined $1.6 million.
A court in the United States fined the Trump Organization $1.6 million for tax violations.
A judge in New York fined the Trump Organization $1.6 million for a decade of tax evasion.
According to the CNN website, two organizations owned by “Donald Trump”, the former president of the United States, were accused of 17 crimes, including tax violations and manipulation of business records. These two organizations “Trump corp.” and Trump Payroll Corp. are.
The proposed fine is the highest possible because under New York law, the maximum possible fine for companies is $1.6 million. According to CNN, of course, the Trump Organization will easily pay this fine.
The Trump Organization is a cluster company that operates in the field of construction, investment, brokerage, sales and marketing, and real estate management.
CNN says today’s fine does not put the organization at risk of liquidation. No person will be sent to prison; However, the fine is a reputational blow to the organization and will likely have a negative impact on its future operations.
Donald Trump and his family have not been charged in this case, however, during the trial, prosecutors repeatedly raised his name for benefiting from untaxed profits.
