Trump now using Delaware to save on taxes

Donald Trump is moving his trademarks to Delaware.

Filings at the US Patent and Trademark Office show that the ownership of Trump trademarks have been moved from various states to DTTM Operations LLC, a recently incorporated company registered alongside thousands of others at National Registered Agents office in Dover, Delaware.

Shifting his portfolio of trademarks, also including “Trump Tower” and “Trump National Golf Club”, to Delaware will help Trump in his mission to “pay as little tax as possible”.

The presumptive Republican nominee for president is exploiting the so-called “Delaware loophole”. It allows him to legally avoid paying taxes on royalty fees for use of his trademarks in every other state.

By: Alan

Alan Colmes is the publisher of Liberaland.