Trump's Tax Tactics May Be Criminal

Law360 (October 1, 2020, 4:20 PM EDT) -- About 10 years ago, during my six years as a prosecutor with the U.S. Department of Justice Tax Division, one of the people I helped send to prison for tax evasion was a dentist living in a Cincinnati suburb. To readers of The New York Times' recent exposé on President Donald Trump's tax history, the dentist's crimes will sound familiar.[1]

His scheme worked like this: First, he wrote off bogus consulting management fees on tax returns for his dentistry partnership, thereby eliminating taxes on his profits. He then hid those profits in a bank account under the name of a fictional trust...

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