Newly released tax returns reveal Trump paid more in foreign taxes than US income tax for years
Donald Trump's tax returns, released by the House Ways and Means Committee today, revealed several years the former president paid more in foreign taxes than US income tax.
After years of ongoing legal battles in which Trump broke from decades of precedent and fought to keep his financial disclosures private, the hundreds of pages of newly released documents shed light on his international business dealings and financial ties.
Trump's filings showed he kept financial accounts in China, Ireland, and the United Kingdom from 2015 to 2017, even after he took office, AP reported. By 2018, he only reported the UK account.
The former president also reported income in more than a dozen countries including Azerbaijan, China, India, Panama, Turkey, and the United Arab Emirates. In several years, according to AP, he paid more in foreign taxes related to his international business dealings than he did in income tax to the United States.
https://www.msn.com/en-us/news/politics/newly-released-tax-returns-reveal-trump-paid-more-in-foreign-taxes-than-us-income-tax-for-years/ar-AA15PMO2