How could Donald Trump have avoided tax?

How could Donald Trump have avoided tax?

Partial leaks of Donald Trump's 1995 tax returns raise more questions than they answer about the Republican presidential candidate's finances.
As the New York Times reported when it disclosed the information, Mr Trump could have offset the massive losses he made that year against his income in subsequent years, perhaps even escaping any US income tax liabilities as a result.
We can't be sure of that, because unlike other aspirants to the White House, Mr Trump has refused to release any of his tax returns.
There is no suggestion that he did anything illegal, but he certainly has no desire to... read more

4 October 2016 in Business, Views: 39
Source: BBC

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