Exclusive: Donald Trump used a legally dubious maneuver in the '90s to avoid reporting hundreds of millions in taxable income
Monday, October 31, 2016 8:47 PM EDT
Tax experts who reviewed newly obtained documents for The Times said the tax avoidance maneuver clearly pushed the edge of the envelope of what tax laws permitted at the time. “Whatever loophole existed was not ‘exploited’ here, but stretched beyond any recognition,’’ said Steven M. Rosenthal, a senior fellow at the nonpartisan Tax Policy Center.
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NYTimes.com