You are here: Home » International » News » Politics
Business Standard

Donald Trump calls New York Trump report on tax avoidance 'fake news'

Calling it 'fake news', US President Donald Trump refuted the claims that he did not pay income tax in 10 of the last 15 years

Topics
Donald Trump | New York Times | tax avoidance

ANI 

Donald Trump
Donald Trump

Calling it 'fake news', US President on Sunday (local time) refuted the claims that he did not pay income tax in 10 of the last 15 years.

Speaking during a press briefing, Trump said, "It's fake news, it's totally fake news. Made up. Fake."

"Actually, I paid tax, and you will see that as soon as my tax returns - It's under audit, they have been under audit for a long time."

Earlier, The had reported that Trump had received USD 427.4m through 2018 from his reality television programme and other endorsement and licensing deals but did not pay any income tax in 10 of the last 15 years.

Citing tax return data, it was further reported that he had paid USD 750 in federal income tax in both 2016 and 2017.

Responding to The New York Times' report, the US President said: "The wants to create a little bit of a story. They are doing anything they can.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Mon, September 28 2020. 09:45 IST
RECOMMENDED FOR YOU
.