Author Topic: Trump lawyers: Tax returns show no income, debt tied to Russia ‘with a few exceptions’  (Read 443 times)

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Trump lawyers: Tax returns show no income, debt tied to Russia ‘with a few exceptions’

By Toby Eckert and Darren Samuelsohn

05/12/17 01:18 PM EDT


Lawyers for President Donald Trump said a 10-year review of his tax returns show no income, debt or equity investments tied to Russia, “With a few exceptions.”

The exceptions included $12.2 million of foreign income in 2013, “a substantial portion” of which came from the Miss Universe pageant in Moscow; and the 2008 sale of an estate in Florida “to a Russian billionaire for $95 million,” more than double what Trump had paid for it three years earlier.

In addition, the March 8 letter, obtained by POLITICO from the White House, said, “over the years it is likely that TTO [The Trump Organization] or third-party entities engaged in ordinary course sales of goods or services to Russians or Russian entities….”

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http://www.politico.com/story/2017/05/12/donald-trump-tax-returns-russia-lawyers-238322
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