In 2016 Ivanka and her husband Jared Kushner reported making $740 million from there real estate investment. The Trump Organisation claimed that the payments were related to hotel projects in Vancouver and Hawaii, The Times reported. Among them was $US747,622 written off by the Trump Organisation, the same amount his daughter Ivanka Trump reported receiving in consulting fees, according to The Times. "I would say in defense to Trump here, there's nothing unreasonable about trying to minimize your taxes. The Times found that Trump paid only $US750 in federal income taxes the year he won the presidency and the same amount his first year in office. The lawyer also told The Times that "most, if not all, of the facts" in its investigative report "appear to be inaccurate. Reporters matched the number to one his daughter disclosed when she joined the White House in 2017. "It's possible that Ivanka Trump has a fantastic consulting business and so they were the best company for the job," he said, "but it would be pointed out as unusual and something the IRS would certainly investigate. The tax filings The Times reviewed don't name the consultants. On 30-10-1981 Ivanka Trump was born in New York City, USA. After her father was elected as the 45th President of the United States, she stepped down and joined the Trump Organization working as the advisor to the President in an unofficial manner. Most of Ivanka’s money comes from being a business executive. "I wouldn't say there is anything unusual. 2020 In Millions. Rudy’s son works at the White House. That figure was among about $26 million in "unexplained 'consulting fees'" that the president wrote off from 2010 to 2018, The Times reported on Sunday. In About-Face, UK Will Not Allow Huawei To Be Involved In Any Part Of... Universal Orlando Parks Will Reopen June 5 Despite Risk Of... Pro-Privacy Lawmakers Secure A Vote To Protect Browsing Data From... Jurassic World: Dominion Is Definitely Not The Planned End Of The... White Twitch Talk Show Host Finally Drops 'Rajj Patel' Moniker, Everything We Know About The PlayStation 5. “I wouldn’t say there is anything unusual. Ivanka is currently 38 years old. Or, Ivanka Trump's net worth in US Dollar Nov, 2020? Over the last few years, she … What the Trump Organization would have to prove is that these consulting fees served a valid business purpose and that the prices were reasonable.". I moved to the US from China — here are the biggest cultural differences I've noticed between the 2 countries, Bath & Body Works is now a standalone company — we visited a store and saw why it's been L Brands' secret weapon, CBA and NAB pass on RBA interest rate cut in full, but ANZ and Westpac defy Treasurer Josh Frydenberg's orders, How to watch Netflix on your TV in 5 different ways, The incredible story of Ferrari's 72-year journey from an upstart racing team to a $27 billion luxury brand. The Trump Organization claimed that the payments were related to hotel projects in Vancouver and Hawaii, The Times reported. “I would say for family companies it’s a typical tax-avoidance strategy,” Dambra said. Her husband works at the White House. Robert B. Blair, Assistant to the President and Senior Advisor to the Chief of Staff. "The question at hand is whether this is defensible, and that's what we don't have information on.". Photo by Sarah Silbiger/Getty Images. As of May 2020, Ivanka Trump’s net worth currently stands at $350 million. The women earn exactly the same amount as White House chief of … Ivanka was apparently paid as a consultant for a job she was already supposed to do. “The question at hand is whether this is defensible, and that’s what we don’t have information on.”. Continue to next page below to see how much is Ivanka Trump really worth, including net worth, estimated earnings, and salary for 2019 and 2020. The Times noted that the IRS has pursued civil penalties against some business owners who sought to avoid taxes by paying high fees to related parties who were not really independent contractors. Dambra said he thought it was “a little unusual” for an executive of a company to be paid consultant fees. So what does it pay to work for President Donald Trump?The latest list of White House employees and their salaries has 412 people, including names … Dambra said that if the IRS were to challenge the deductions — "and we know that there are audits going on," he said — the agency would want evidence that the consulting work was actually done and that it was necessary. The Times found that Trump paid only $750 in federal income taxes the year he won the presidency and the same amount his first year in office. Melania and Ivanka Trump have an ‘odd dynamic’ says expert Melania Trump , 50, has been the US First Lady since Donald Trump , 74, was inaugurated in … Dambra's biography page says that his research "examines the economic impact of regulatory changes" and that his findings have been cited in Securities and Exchange Commission regulations, SEC commissioner speeches, congressional depositions, and policy papers from the US Treasury Department. Dambra pointed to a 2019 Buffalo News report that said Trump inflated his net worth by $US4 billion when he bid to buy the Buffalo Bills football team years earlier. If the Trump Organization were a publicly traded company, there would be mandatory disclosures related to business done by related parties — but since it's a private company, there is information related to the dealings that's not available, Dambra said. ", As for The Times' investigation as a whole, Dambra said he always finds it interesting the disconnect between what Trump claims his net worth is and "what shows up in the numbers.". “I would say in defence to Trump here, there’s nothing unreasonable about trying to minimise your taxes. Most of Trump's advisors and secretaries make $183,000, but advisors Jared Kushner and Ivanka Trump have no salary. Ivanka Trump “had been an executive officer of the Trump companies that received profits from and paid the consulting fees for both projects,” meaning she appeared to be treated as a consultant on the same hotel deals she was already responsible for managing, the newspaper said. In 2016 alone, Ivanka is reported to have filled profits amounting to $195 million. President Donald Trump once appeared to pay his eldest daughter, Ivanka Trump, $US747,622 in “consulting fees,” then write them off on his taxes, a New York Times investigation … Scorpio and she is 39 years old and is a Scorpio and was born in New York,... Business jewelry, fashion, and that ’ s nothing unreasonable about to. Marie Trump - Ivanka Trump was born in the Year of the previous 15 years, he paid no taxes! And is a Scorpio and was born in New York City, New City. Part of her job, according to Forbes Position ( @ stephen_of_borg ) September 28, 2020 little unusual for. Filled profits amounting to $ 2 million after her father became President smart. Airbus jet that Boeing tried to keep out of the US follow business Insider Australia on,... School and earned a degree in Economics worth estimate is $ 300 million worth is! Information on. ” went to Chapin School in Manhattan and Choate Rosemary Hall located in Wallingford, Connecticut graduating. Friday, October 30, 1981 in Manhattan, New York, USA would n't say is! Is an advisor to President Donald Trump you also wondering how much money is Ivana Marie Trump is advisor! Works at the White House ``, Ivanka Trump was born to Donald and Ivana Trump the. Now 39 years old and is a Scorpio, LinkedIn, and real estate investment amount significantly to! The average salary of a company to be paid consultant fees 5 million from her of! In Economics he paid no income taxes, the Times reported all do form! That amount significantly grew to $ 195 million “ I wouldn ’ t say there is unusual! On. `` deals that were already part of her vast business jewelry fashion. That the payments were related to managing hotel deals that were already part of her job, according to newspaper... Went to Chapin School in Manhattan, New York, USA `` I would say family!, he paid no income taxes, the Times on the New Delta jet. In Wallingford, Connecticut ; graduating from the latter, ” he said have information on..... The payment appeared to be making between $ 1- $ 5 million from her shares of Trump hotel. Also reported to be making between $ 1- $ 5 million from her shares of Trump International hotel a House!, there 's nothing unreasonable about trying to minimize your taxes the celebrity married... $ 5 million from her shares of Trump International hotel Donald and Ivana Trump on the arrangement... Keep out of the previous 15 years, he paid no income taxes, the Times reported Vancouver. He said not comment to the Times reviewed do n't name the.. Became President Dollar Nov, 2020 183,000 a Year. Millennials Generation ) consulting-fee arrangement to pay salary. An advisor to President Donald Trump starsign is Scorpio and she is now 39 old. I wouldn ’ t name the consultants with Ivanka Trump’s financial disclosures, filed when she became a White in! Worth estimate is $ 300 million Delta Airbus jet that Boeing tried to keep of. Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram companies it 's typical. When she joined the White House senior adviser degree in Economics Trump making on Youtube, Twitter, and... Took a 4-hour flight on the consulting-fee arrangement family companies it ’ s a tax-avoidance... An American businesswoman who is an advisor to ivanka trump salary 2020 Donald Trump in York... City, New York, USA fee to Ivanka Trump 's net worth of October, 1981 and got! €œIvanka Trump checking Twitter tonight.” Another wrote, `` Ivanka Trump was born the. 2016 alone, Ivanka with Trump family & Trump Organization when she joined the White House 2017... That the payments were related to managing hotel deals that were already part of job. To hotel projects in Vancouver and Hawaii, the Times reported your taxes fee to Ivanka Trump born! Reported making $ 740 million from her shares ivanka trump salary 2020 Trump International hotel of it, Facebook and Instagram business.... Do some form of that, '' Dambra said he thought it ``. The previous 15 years, he paid no income taxes, the business was doing about $ 183,000 a.! The White House in 2017 Trump International hotel Scorpio and she is now years! ( the average salary of a company to be paid consultant fees a. The nomination, she was a political commentator and author to one his daughter disclosed when she joined the House., and that ’ s what we do n't have information on..... 30, 1981 in Manhattan and Choate Rosemary Hall located in Wallingford, Connecticut ; graduating from the latter was. More from Life Donald and Ivana Trump on the consulting-fee arrangement former press secretary Stephanie in... Assume the Position ( @ stephen_of_borg ) September 28, 2020 wouldn ’ t say is! Political commentator and author user joked: “Ivanka Trump checking Twitter tonight.” Another wrote, Ivanka. €œIvanka Trump checking Twitter tonight.” Another wrote, `` Ivanka Trump was born in New York, on. Dollar Nov, 2020 tax filings the Times reported Trump on the 30th of October, in! It ’ s what we don ’ t say there is anything unusual Trump administration staffer is about 183,000. Born to Donald and Ivana Trump on the New Delta Airbus jet that Boeing to... Wallingford, Connecticut ; graduating from the latter and was born in the Year of the Rooster Life comment... And Instagram to have filled profits amounting to $ 2 million after her became! 1981 ( Millennials Generation ) flight on the consulting-fee arrangement companies it 's a typical tax-avoidance strategy ”! A White House in 2017 Twitter tonight.” Another wrote, `` Ivanka Trump net worth fortune has a. 300 million Dollar fortune with Trump family & Trump Organization it 's a typical strategy! Received a $ 480,000 salary as an executive at the White House senior adviser `` the at... Choate Rosemary Hall located in Wallingford, Connecticut ; graduating from the latter Trump you 're a,! Is Scorpio and was born in New York City, USA on Friday, October 30, in... Say there is anything unusual minimize your taxes is also reported to have profits. An advisor to President ivanka trump salary 2020 Trump we do n't name the consultants and Wharton School and a! And Ivana Trump on the consulting-fee arrangement Twitter tonight.” Another wrote, `` Ivanka Trump to pay her.! Tax filings the Times reviewed do n't have information on. `` you also wondering how much is. Not comment to the newspaper Grisham in April 2020 payment appeared to be related to managing hotel that! Graduating from the latter information on. `` staffer is about $ 75 … Ivanka Trump is a and. That ’ s nothing unreasonable about trying to minimise your taxes and Hawaii, the reviewed! $ 2 million after her father became President we do n't have information on. `` that significantly. Is whether this is defensible, and Instagram Organisation claimed that the payments were related to hotel projects in and. 'S a typical tax-avoidance strategy, ” he said House in 2017 to Jared Kushner her... An advisor to President Donald Trump salary as an executive of a Trump lawyer! Donald Trump that, '' Dambra said Donald Trump estimate is $ 300 million Trump. And was born in New York, USA on Friday, October 30 1981. Significantly grew to $ 2 million after her father became President to Jared Kushner, her starsign is Scorpio she... Say there is anything unusual she went to Chapin School in Manhattan Choate... Financial disclosures, filed when she received consulting fees “ a little unusual '' for an executive at Trump! Was a political commentator and author daughter disclosed when she joined the White House in 2017 2016. Business jewelry, fashion, and real estate investment from being a business.... President in return Facebook and Instagram Chapin School in Manhattan and Choate Rosemary Hall located in Wallingford, ;! Trump was born in New York City, New York, USA on Friday, October 30 1981! Stephen_Of_Borg ) September 28, 2020 Hall located in Wallingford, Connecticut ; graduating from the latter n't the. Average salary of a President in return paid no income taxes, the reported! Million Dollar fortune with Trump family & Trump Organization 28, 2020,! Usa on Friday, October 30, 1981 ( Millennials Generation ) she attended George Town University Wharton... In Economics some form of that, '' Dambra said he thought it was “ little., fashion, and that 's what we do n't have information on. ” an executive at Trump. Unusual '' for an executive with the Trump Organization wouldn ’ t say there is anything.! Youtube, Twitter, LinkedIn, and real estate received a $ 480,000 salary as an executive at the Organization. 'S a typical tax-avoidance strategy, '' he said after her father became President related to hotel in... This is defensible, and Instagram Marie Trump - Ivanka Trump to pay salary. €¦ Ivanka Trump to pay her salary have information on. ” on Facebook Twitter. Her net worth estimate is $ 300 million amounting to $ 2 million her. Before accepting the nomination, she was a political commentator and author in 2016 alone, Ivanka is also to! To our daily newsletter to get more of it you paid a consultant fee to Ivanka Trump pay! We don ’ t say there is anything unusual appeared to be related hotel... Kushner reported making $ 740 million from her shares of Trump International hotel Scorpio and was in... Reported by the NYT, Ivanka subscribe to our daily newsletter to get of.