Guardian - Donald Trump has lost nearly £26m ($31.8m) building his golfing empire in Scotland, his company accounts show – a sum that means the Republican presidential candidate has avoided paying any UK corporation tax on either of his two resorts.
The latest accounts filed to the UK authorities for Trump’s two resorts, in Aberdeenshire and Turnberry in Ayrshire, also show he has sunk more than £102m ($125m) of his own money into both businesses, despite losing increasing sums on both investments. The accounts suggest he may never make a profit on either resort, although the Trump family insist Turnberry will return to profitability in the short to medium term.
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