Business | David A. Fahrenthold, Rosalind S. Helderman, Jose A. DelReal, The Washington Post | Sunday October 2, 2016
Howard Abrams, the director of tax programs at the University of San Diego School of Law, confirmed that tax law allows losses of this size to be applied to returns three years prior to the loss and then for next 15 years. As a result, Trump would have potentially paid no taxes for an 18-year period.
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