Tax
Nov. 4, 2016
Trump's aggressive tax opinion
While the latest discoveries about the level of Trump's tax aggression probably will not change too many hearts or minds -- it just might rekindle interest in tax opinions.
Robert W. Wood
Managing Partner
Wood LLP
333 Sacramento St
San Francisco , California 94111-3601
Phone: (415) 834-0113
Fax: (415) 789-4540
Email: wood@WoodLLP.com
Univ of Chicago Law School
Wood is a tax lawyer at Wood LLP, and often advises lawyers and litigants about tax issues.
A New York Times story has scooped Trump's taxes again, this time with details culled from bankruptcy filings related to Trump's Atlantic City casinos. This time, there were no tax returns released, but backstory about how Trump may have generated that now famous $916 million loss. The details are complex, as you would expect. Some experts consider Trump's tax trick over the top aggressive. But one new and controversial find is about how Trump used a tax opinion that was not strong - some ...
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