Donald Trump Used Legally Questionable Tactics to Avoid Paying Taxes

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Overview of this Controversy


Date Originated: November of 2016
Categories: Donald Trump
Donald Trump, against the advice of his own lawyers, used a legally questionable tactic called "equity-for-debt" swaps in order to avoid paying millions of dollars in taxes in the 1990's - which are the only tax filings we have for Trump. The New York Times reported that this would typically not be allowed by the IRS, but they can not conclude if it was or not because they only have Trump's tax returns through 1994.
Source: http://www.motherjones.com/kevin-drum/2016/11/nyt-weve-figured-out-how-trump-gamed-tax-sy...
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