Republican presidential nominee Donald Trump, who in recent times has refused to make his tax records public, declared a USD 916 million loss on his 1995 income tax returns.
A leading US daily claimed in a startling report that suggested the billionaire could have legally avoided paying taxes for up to 18 years.
In an investigative report, The New York Times said Trump in 1995 showed a gross income tax loss of USD 915.7 million. "The 1995 tax records, never before disclosed, reveal the extraordinary tax benefits that Trump, the Republican presidential nominee, derived from the financial wreckage he left behind in the early 1990s through mismanagement of three Atlantic City casinos, his ill-fated foray into the airline business and his ill-timed purchase of the Plaza Hotel in Manhattan," the report said. Read More : World News Today
