Trump's Company Missed Tax Deadline On Chicago Tower: Report

CHICAGO, IL — A clerical error was the apparent culprit for President Donald Trump's company making a late payment this year on the property taxes it owed on Trump International Hotel and Tower, according to the Washington Post. That mistake cost the Trump Organization more than $17,000 in interest, the report added.

The company initially had wired a $1.2 million payment covering property taxes on its downtown skyscraper on Feb. 26, days ahead of the March 1 deadline, the report stated. But the Cook County Treasurer's Office told the Post that a required ID number wasn't included with the payment, even though the county had reminded the Trump Organization multiple times.

After the mistake was pointed out to the company's bank on the same day the payment was wired, the Trump Organization didn't send in an amended payment until March 14, the report stated. In that time, the business accrued $17,800 in interest, the report added.

Traditionally, the Trump Organization has paid its property taxes on time, the report stated. But in 2015, the company made a late payment on its Chicago high-rise, and it has missed deadlines in California, Florida, New Jersey and New York between November 2017 and April of this year, the report added.

Overall, those missed deadlines have cost the Trump Organization — a company that's owned by the president but run by sons Eric and Donald Jr. — about $61,800 in interest, penalties and uncollected discounts, the report stated. The company, however, denies making late property tax payments.

"We have always paid our real estate taxes on a timely basis, and to say otherwise is totally disingenuous," a Trump Organization spokeswoman wrote in an email to the Post.

More via the Washington Post

Trump International Hotel and Tower (Photo by Joe Vince | Patch)