Trump Gets Chance for Tax Cut Moving Trademarks to Delaware

And keep in mind that Delaware is one of the states in which many companies and individuals globally use Delaware as tax havens as well as create shell companies to avoid paying taxes. Delaware has ties to the Panama Papers scandal.

  • More than 110 trademarks assigned to new company, records show
  • ‘It’s sort of too complicated to explain,’ lawyer says

As Donald Trump prepared for the Republican primaries, he transferred dozens of his most prized assets, the “Trump” trademarks that adorn everything from hotels to ties to his U.S. golf courses, into a new Delaware-based company — a move that offers him a chance to cut his income-tax bills.

By shifting more than 110 registered or pending trademarks to Delaware, Trump consolidated them in a state that doesn’t tax income from royalties on intellectual property. Among the trademarks he moved are his own name and those of some of his best-known properties, including “Trump National Golf Club,” “Trump Tower” and “Mar-a-Lago,” his private club in Palm Beach, Florida, according to records from the U.S. Patent and Trademark Office.

He also shifted some of his less prominent trademarks, including “Trumptini,” a martini made with pink lemonade, and a design of a Scottish crest that he applied for and received in 2012. The crest shows a lion, a two-headed eagle and the Latin phrase “Nunquam Concedere” which means “Never Give Up.”

Moving the trademarks to his new company, DTTM Operations LLC, will enable Trump to avoid other states’ income taxes on royalties paid for their use — an income stream worth perhaps tens of millions of dollars or more, according to a federal financial disclosure form he filed this month.

Read on.

15 responses to “Trump Gets Chance for Tax Cut Moving Trademarks to Delaware

  1. I like what you guys are up too. This sort of clever work and reporting!

    Keep up the awesome works guys I’ve added you guys to my blogroll.

  2. Qué tal. Me ha cautivado observar tu crónica.

    Me ha semejado una exposición muy atrayente, pese a que,
    en varios parajes difiero un poco de tu parecer.
    He descubierto que tiene más manifestaciones, propongo agarrar un lapso para interpretarlas.
    Ten por fiable que escoltaré todas tus manifestaciones.
    Te alabo por tu página web. Un cálido saludo.

  3. I just like the valuable info you supply in your articles.
    I will bookmark your blog and take a look at again here regularly.
    I’m reasonably sure I’ll be informed plenty of new stuff right here!
    Good luck for the next!

  4. Wow cuz this is very excellent work! Congrats and keep it up.

  5. What’s up colleagues, its wonderful article on the topic of educationand fully defined,
    keep it up all the time.

  6. I believe that is among thhe so much siցnificant info for me.
    And i’m gⅼad studying your articlе. But wanna statement on few normal
    issues, Tһe wweb site taste is ideal, the articles iis inn reality
    nice : D. Excеllent joƅ, cheeгs

  7. Wonderful blog you have here but I was curious about if you knew of any forums that
    cover the same topics talked about here? I’d
    really love to be a part of online community where I
    can get responses from other experienced people that share the same interest.

    If you have any suggestions, please let me know.
    Bless you!

  8. You are so interesting! I do not suppose I’ve read a single thing like
    this before. So good to discover another person with some original thoughts on this issue.
    Really.. thanks for starting this up. This web site is something that is needed on the
    internet, someone with some originality!

  9. Its such as you read my mind! You seem to grasp a lot about this, such as you wrote the
    guide in it or something. I believe that you simply can do with a few % to force the message house a little bit, however other than that, this is magnificent blog.
    A great read. I’ll definitely be back.

  10. My brother suggested I might like this website.
    He used to be totally right. This put up truly made my day.
    You can not consider just how a lot time I had spent for this info!

  11. Hi there, You’ve done an incredible job. I will definitely digg it and personally
    recommend to my friends. I am confident they’ll be benefited from this web site.

  12. Hmm it appears like your website ate my first comment (it was super long)
    so I guess I’ll just sum it up what I submitted and say, I’m thoroughly enjoying your blog.
    I too am an aspiring blog writer but I’m still new to everything.
    Do you have any points for inexperienced blog writers?
    I’d genuinely appreciate it.

  13. If you are going for finest contents like myself, only visit this web site daily as it
    presents feature contents, thanks

  14. I am sure this piece of writing has touched all the internet users, its really really fastidious article on building up new web site.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s