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February 12, 2018

New Trump hotel seeks tax breaks

NEW YORK (AP) — A Trump hotel under development in Mississippi has applied for millions of dollars of state tax breaks.

Developer Dinesh Chawla says a hotel he plans to open with the Trump Organization has applied for a tax break with the Mississippi Development Authority worth as much as 30 percent of eligible construction costs, or roughly $6 million. The U.S. president's company announced a deal with the Chawla family in June as part of a rollout of two new hotel chains, drawing complaints from ethics experts about potential conflicts of interest.

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