Former President Trump could face $100M in taxes.

Former President Donald Trump could face over $100 million in taxes if he loses an audit case with the Internal Revenue Service (IRS) concerning his claims of huge losses on his Chicago skyscraper, according to a report by The New York Times. The report states that Trump used a "dubious accounting maneuver" to claim improper tax breaks from his troubled Chicago tower, which could result in a tax liability of over $100 million for him.

May 11, 2024
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