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After years of legal wrangling, a US congressional committee has released tax documents belonging to former President Donald Trump.
The House Finance Committee released Trump's tax documents from 2015 to 2020 on Friday.
The key data on Trump's tax documents were known before publication, as the House Finance Committee had already published an initial report and summary of the tax return review.
It states, among other things, that Trump was not properly checked by the tax authority IRS.
It has been noted that in Trump's four years in office, only one mandatory review has been initiated and not a single one has been completed.
The committee also notes, "Numerous reports have uncovered the former president's aggressive tax strategies and decades-long tax avoidance strategies through the complexities of managing his personal and business finances."
The New York Times and Washington Post, citing the summary, reported that Trump and his wife Melania claimed high losses before and at the beginning of his presidency.
So they reported it
2015 a loss of 31.74 million dollars,
2016 down $32.19 million and
2017 a minus of 12.82 million dollars.
After that, according to the committee, better years came.
The Trumps made about $24.4 million in profits in 2018
2019 then 4.4 million dollars profit.
But in the Corona year 2020 they reported a loss of 4.69 million dollars.
Contrary to custom in the United States, real estate entrepreneur Trump did not make his tax returns public either as a presidential candidate or after moving into the White House.
Critics therefore suspect that he has something to hide.
Among other things, the Democrats wanted to check whether the documents contained any indications of conflicts of interest and whether Trump had used questionable methods to save taxes.
For years, Trump had resisted using legal means to release the documents to the Finance Committee – and ultimately failed in the Supreme Court.
sol/dpa
