Key takeaways from six years of Donald Trump's federal tax returns
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The China bank account, which was reported by The New York Times in 2020, was tied to Trump International Hotels Managements business push in the country, Trump Organization lawyer Alan Garten said at the time.
The 2020 disclosure of business dealings in China came as the Trump campaign sought to portray Biden as a puppet of China. Bidens income tax returns and financial disclosures showed no business dealings or income from China.
The returns also show that Trump paid more in foreign taxes than in US federal income taxes in 2017, the first year of his presidency.
In 2017, Trump paid just $750 in US federal income taxes because of large carry-forward losses that he claimed in prior years, negating virtually all of his American tax liability. Yet Trump paid nearly $1 million in taxes to foreign countries that year.
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https://www.cnn.com/2022/12/30/politics/donald-trump-tax-returns-released/index.html