31 October, 2016

Donald Trump Used Legally Dubious Method to Avoid Paying Taxes - The New York Times

Donald Trump Used Legally Dubious Method to Avoid Paying Taxes - The New York Times: "It is unclear whether the I.R.S. ever challenged Mr. Trump’s use of this specific tax maneuver. According to a financial disclosure statement prepared by Mr. Trump’s accountants, he was under audit by the tax authorities as of 1993, only a year after he avoided reporting hundreds of millions of dollars in taxable income because of this legally suspect tactic. But the results of that audit are unknown, and the agency declined to comment on Monday.

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