In the open Congress lifts the lid on Trump's tax returns

Six years of Donald Trump's tax returns were made public by a congressional committee last Friday, ending the former president's long-running effort to break precedent and keep them secret.

- Sam Levine NEW YORK and David Smith WASHINGTON

The documents, dating from 2015 to 2020, offer insights into the complex finances and foreign bank accounts of a man who was accused of abusing the presidency for personal profit and who has already announced another bid for the White House.

A House of Representatives report released last month analysed the documents and showed Trump and his wife Melania paid no federal income tax in 2020, the last year he was in office.

Trump reported bank accounts in Britain, China and Ireland from 2015 to 2017, and from 2018 only reported a bank account in Britain.

Responding to the release, Daniel Goldman, a congressman-elect from New York who was counsel to House Democrats in Trump's first impeachment, said: "Generally, you only have bank accounts in a foreign country if you are doing transactions in that country's currency. What business was Trump doing in China while he was president?" The returns also show Trump claimed foreign tax credits for taxes paid on business ventures around the world, including licensing arrangements for the use of his name on development projects.

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The amount of federal income tax paid by Donald Trump and his wife Melania in 2020, the last year he was in office