Golf

Trumps taxes on his $50 million golf course

He’s currently suing Ossining to try to lower the taxes on one of his golf courses, Trump National Golf Club Westchester.

“He pays [his taxes] every year with a stamp that says ‘paid under protest,'” said Gloria Fried, Ossining’s receiver of taxes.

Trump has been fighting Ossining in court, contesting the last two tax assessments on his course.

For now, Trump is paying taxes on the course based on its assessed property value, which the town says is $15.1 million.

Trump also contested the course’s valuation in 2008, and got it reduced by 55% from $38 million to $16 million, according to Gonzalez.

In financial disclosure records that he released in 2015, Trump said the course was worth $50 million, far more than the $1.5 million value he’s put on it in court.

Fried, Ossining’s receiver of taxes, told CNNMoney she can’t believe Trump is now saying the property is worth so little.

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