These manoeuvres met with little resistance from the IRS, The New York Times found. ![]() He also helped formulate a strategy to undervalue his parents’ real estate holdings by hundreds of ms of dollars on tax returns, sharply reducing the tax bill when those properties were transferred to him and his siblings. Records indicate that Mr Trump helped his father take improper tax deductions worth ms more. He and his siblings set up a sham corporation to disguise millions of dollars in gifts from their parents, records and interviews show. Much of this money came to Mr Trump because he helped his parents dodge taxes.
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