Joe and Hunter Biden probably, have accounts in Beijing considering how far up their ass, they are tight with the Chinese Communists like two peas in a pod. Yeah, but, nothing to see there? Do you know you have to declare any foreign bank accounts? It is in your tax return if you are too stupid not to be able to figure it out. There are 2 questions you have to answer.
Report who? The Internal Revenue Service knows what accounts you have. Being from the European Union, you have no clue. There is nothing to report for accounts that the Internal Revenue Service already knows.
Technically those funds in the Trust structure are under the management of the two oldest Trump sons and the Company CFO. When Donald Trump asks for and is granted a funds withdrawl - then that is taxable, reportable income.
I thought this article would make it to ET at some point. Well given its failed ventures we now understand why and how Trump would want to equal the playing field with regards to trade agreements with China but having this bank account still open and undisclosed does create a conflict of interest and even potential national security risk. I mean he himself has always been advocating vigilance over potential security risk for American citizens who have nothing to with China at all and yet he himself has a bank account residing entirely in China and he thinks it's ok? If I were him, I would've closed this bank account long time ago.