Kushner's minimal tax payments are the result of a common tax-minimizing maneuver that generated millions of dollars in losses for Mr. Kushner, according to the documents. "However, always following the advice of numerous attorneys and accountants, Mr. Kushner properly filed and paid all taxes due under the law and regulations".
10 kids diagnosed with rare polio-like illness in IL
Possible causes of AFM include viruses, environmental toxins and genetic disorders, according to the U.S. Those who contract AFM face paralysis, long-term health problems and even death.
The depreciation provision allows Kushner - like many in the industry - to deduct the value his family's company real estate portfolio loses each year on his personal tax return, regardless of whether the value of the building goes up or down, or whether assets were bought with personal or borrowed money.
Thirteen tax accountants and lawyers, including J. Richard Harvey Jr., a tax official in the Reagan, George W. Bush and Obama administrations, reviewed the documents for The Times. One told the paper that the records indicated that Kushner paid little or no federal income taxes in five of the last eight years.
Trump vows 'severe punishment' if Saudis are tied to Khashoggi case
A man speaks on the phone outside the Saudi Arabia's consulate in Istanbul , Saturday, Oct. 13, 2018. Turkish officials have not answered queries from The Associated Press about Khashoggi's Apple Watch.
Peter Mirijanian, a spokesman for Abbe Lowell, Kushner's lawyer, said in an email that he couldn't respond to assumptions taken from incomplete documents. Kushner sold his interests in the company to a family trust a year ago. The loss offset Kushner's income of $1.7 million in salary and investment gains, the Times reported, citing the documents.
Mirijanian said that on tax reform efforts, Kushner "followed his approved ethics agreement and has avoided work that would pose any conflict of interest".
Messi empêche Bartomeu de bien dormir — Barça
Histoire d'inciter Messi à se réengager jusqu'au 30 juin 2022 voire même 2023 durant la saison prochaine (2019/2020). Lionel Messi va encore être prolongé par le Barça avec, cette fois-ci, une clause un peu spéciale dans son contrat.