(NEXSTAR) – The bombshell New York Times report on President Donald Trump’s supposed history of avoiding taxes has begun to trickle out into a number of interesting findings, among them is an apparent tax deduction for fees paid to his daughter’s consulting company.
The Times found that Trump routinely set aside nearly 20 percent of his income for unexplained consulting fees on his projects. Those fees could be written off as a business expense, lowering the amount of profit subject to taxation.
Though the documents don’t name the president’s daughter as a recipient, matching filings from both Donald and Ivanka Trump led the paper to report that she was the likely recipient of the fees, despite having been a top Trump Organization executive.
“Mr. Trump’s private records show that his company once paid $747,622 in fees to an unnamed consultant for hotel projects in Hawaii and Vancouver, British Columbia. Ivanka