Two Trump companies are being accused in a Manhattan court of tax avoidance.
The Panamanian registered companies were reported to be part of a fraudulent scheme for tax avoidance.
The 12.5 % due tax for which the companies are being persecuted is related to management fees of a Panamanian hotel, which according to the claim were withheld taxes that the organisation simply kept.
The new owners of the property are looking to get the Trump Organisation to pay the due amounts.
This incident is one more issue related to the True Organization which now adds to issues with projects in Canada, Mexico, India, Azerbaijan and Russia.
The new owners are looking for $17 million in damages and include a number of misrepresentations made by officials of the Trump Organisation which induce to error the investors.
As part of the misconduct, the Trump Network Companies failed to make appropriate financial disclosures.
The investors claim that if they would have been aware of the tax and social security issues of the company, they would not have taken the hotel in the first place.