Showtime to air documentary on NYT Trump tax story


Showtime announced Tuesday evening it will air a new documentary film centered on a bombshell New York Times report alleging President Trump accrued millions of dollars from “dubious” tax schemes.

“The film follows a team of New York Times investigative reporters through their diligent and intense efforts in uncovering the information that led to this exclusive report,” according to a release from the channel. 

{mosads}As part of the series “The Fourth Estate,” which premiered on Showtime earlier, a film crew was embedded for more than a year to follow Times investigative reporters David Barstow, Russell Buettner and Susanne Craig. The documentary, “The Family Business: Trump and Taxes,” will detail the trio’s efforts to report on the alleged tax scheme. It will air on Sunday at 8:30 p.m.
“Mr. Trump has proclaimed himself to be a self-made billionaire but what these reporters found offers a very different account, based on tens of thousands of pages of financial documents they obtained, including more than 200 Trump family tax returns,” the Showtime announcement adds.
New York tax officials say they are reviewing the allegations that Trump received more than $400 million from his father’s New York real estate business via what the paper deemed “questionable” tax practices. 
Trump’s parents bequeathed more than $1 billion to their children, which should have amounted to an approximately $550 million tax bill at the time of their passing, according to the report. The Trumps only paid $52.2 million on that source of income, however. 
The president’s attorney, Charles Harder, called the Times’s allegations of tax evasion “100 percent false,” while stating that Trump “had virtually no involvement” in regard to tax strategies the family deployed, instead opting to outsource the task to others. 
Robert Trump, the president’s younger brother, told the Times that his father’s and mother’s estates were closed by the IRS in 2001 and 2004, respectively. 

“All appropriate gift and estate tax returns were filed, and the required taxes were paid,” he said.

Then-candidate Donald Trump drew criticism for not releasing his tax returns during his 2016 presidential campaign. Trump said he was “under audit” and would not release his returns until the audit was completed, though the IRS said an audit does not prevent the release of personal tax information.

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