The first wife’s resting position at Trump’s golf course in New Jersey may benefit the goals of the longtime ex-husband’s tax plans.
When Ivana Trump, Donald Trump’s first wife, was buried last month near the first hole of Trump National Golf Club in Bedminster, New Jersey, few people immediately guessed that the location of her grave could also serve her ex-husband’s memory. purposes of tax preparation plans.
New Jersey’s tax code exempts cemetery land from all taxes, fees and tests, and his grave, as such, has potentially advantageous tax implications for a circle of Trump relatives he accepts as true owners of the golf business, in a state where assets and asset taxes are notoriously high.
According to documents released through ProPublica, the circle of Trump relatives he accepts as true in the past sought to designate a neighboring asset in Hackettstown, New Jersey, as a nonprofit cemetery corporation.
But Ivana Trump, who died earlier this month at age 73 after falling at her home in Manhattan, New York, is the first known user to have been buried on the golf course, where Donald Trump and his circle of relatives spend a lot of time. in the summers.
Under the New Jersey Tax Code, cemetery corporations are not only exempt from asset taxes, fees and assessments, or taxes on non-public assets, but also from business taxes, sales taxes, income source taxes and estate taxes, according to Insider.
Brooke Harrington, a sociology professor at Dartmouth College in New Hampshire, tweeted Saturday that she had claims that Ivana Trump’s resting position could also benefit her ex-husband’s tax plans from beyond the grave.
“As a tax investigator, I am skeptical of rumors that Trump buried his ex-wife in this small, unhappy field on his golf course in Bedminster, NJ, just for tax breaks. So I checked the NJ tax code and the people. . . It is a trifecta of tax evasion. The property tax, the source of the income tax and the sales tax, all eliminated,” Harrington wrote, after reviews began to appear on social media accusing Trump of being motivated primarily by the option of a tax break.
Harrington then tweeted New Jersey’s full tax code for cemetery grounds. Although there is no stipulation on the amount of human remains needed to obtain benefits from rest, sales of crowns, giant arrangements of evergreen leaves, flowers and other pieces are subject to tax.
Although she said she was surprised by the tax suggestions, she also accused Donald Trump of burying his wife in “little more than the grave of a flawed man” and, as a result, dishonoring the three children they had together, Ivanka, Don Jr and Eric.
Sí. Me surprised. That’s why I reviewed and posted the thread. She couldn’t have her 3 children, whom she supposedly enjoyed and who enjoyed her, would allow their father to treat their mother like that. Bury Ivana in little more than the grave dishonors of a deficient man. the mall.