First Hotel In New Trump Chain Seeks Mississippi Tax Breaks
NEW YORK (AP) – A Trump hotel under development in Mississippi has applied for millions of dollars of state tax breaks.
Developer Dinesh Chawla says a hotel he plans to open with the Trump Organization has applied for a tax break with the Mississippi Development Authority worth as much as 30 percent of eligible construction costs, or roughly $6 million. The U.S. president’s company announced a deal with the Chawla family in June as part of a rollout of two new hotel chains, drawing complaints from ethics experts about potential conflicts of interest.
The tax breaks were earlier reported by The New York Times.
Chawla says his company has already received an abatement on city and county taxes. The hotel in Cleveland, Mississippi, will be the first in Trump’s new Scion chain.
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