Trump's Smart Guide to Avoiding Sales Tax

[yuna628 9,676]

The Empty Jewelry Box Scam

Back in 1986 and likely for many years before, Donald Trump colluded in tax evasion with Bulgari Jewelry Store in New York, a high-end posh location with tony clientele right out of Lifestyles of the Rich and Famous. Here’s how the scam worked:

Trump would go into the store with his wife, his girlfriend, his…whatever (to use his vernacular). He would then buy her an expensive necklace or wristwatch. Normally, such a transaction would face the New York city and state sales tax, which would be pretty high on luxury jewelry.

In an illegal attempt to evade the tax, Trump “asked” the store to instead ship the jewelry to an out of state location, where no New York sales tax could be collected. In fact, the store would merely send an empty jewelry box to the location, while Trump and his lady friends walked out the door with the jewelry that very day.

The state and city tax collectors eventually caught onto this scheme, and Trump promptly testified against his erstwhile tax evasion colluding partners at the jewelry store in order to save his own skin.

http://www.forbes.com/sites/ryanellis/2016/03/08/donald-trump-and-the-empty-jewelry-box-tax-scam/#2371e4f16aa7

[Jacque67 7,328]

Donald Trump knows the Art of the Deal and he is proving it by getting this $1.5 million freebie wedding ring that he will present Melania Knauss at their upcoming nuptials.

The Donald has arranged a deal with the tony Graff diamond sellers, in which the company will provide a 13-carat masterpiece ring in return for the November appearance of the jewelers products on The Apprentice, a source close to Trump said yesterday.

In addition, Trumps sexy model fiancée has agreed to pose in ads for the high-end gem seller, the source said.

The bodacious bauble, which will be put on Melanias finger during the couples wedding ceremony next month at Mar-a-Lago in Palm Beach, is studded with 15 perfect emerald-cut diamonds in a platinum setting.

A Graff spokesman was not available to say exactly how much it was worth. But the Trump source said it is worth as much as $1.5 million.

Jewelry experts told The Post a ring the size of the Trump ring usually goes for about $500,000 but because it comes from Graff, it could be worth much, much more.

You would be buying the name for something like that, said one jeweler.

Graff made its big appearance on a Nov. 11 episode of the show. The team that won that weeks test of business acumen earned a $50,000 shopping spree at the diamond sellers New York location.

Graff is also the company that supplied the $2 million engagement ring that Trump, 57, presented to his soon-to-be third wife sometime in April of this year.

Spokespeople for both Trump and The Apprentice did not return repeated calls for comment last night.

The ring arrangement isnt the first time a Trump male has mixed finance and romance.

Trumps 26-year-old son, Donald Jr., worked out a similar deal with the Bailey, Banks & Biddle jewelry store in New Jerseys Short Hills Mall.

http://nypost.com/2004/12/08/free-ring-circus-zillionaire-trump-deals-to-get-wedding-band-gratis/

[Harpa Timsah 13,258]

Gosh, we all should be leveraging our tv shows for free stuff. That's the economy of the future, right? I'm a tastemaker, buy Tang! By Mennon!

[Teddy B 17,252]

Gosh, we all should be leveraging our tv shows for free stuff. That's the economy of the future, right? I'm a tastemaker, buy Tang! By Mennon!

Coffee Talk with Harpa Timsah?

[Rob L 3,811]

Coffee Talk with Harpa Timsah?

[yuna628 9,676]

Why couldn't he just drive fly into another state with no sales tax and buy them there like normal people?

[Jacque67 7,328]

Why couldn't he just drive fly into another state with no sales tax and buy them there like normal people?

That would require time and effort. He's more a wham bam thank you ma'am kinda guy!!!!