Talk of The Villages Florida - View Single Post - NY Times Paid No Income Taxes !
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Old 10-02-2016, 06:39 PM
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The NY Times made a profit in the year in question . However they and legitimate Tax Loss Carry Forwards which they applied to their taxes due and enabled them to not pay any income tax in that particular tax year .

The reason this is an issue of note is due to the fact that Trump did exactly the same thing and used some massive Tax Loss Carry Forwards " to eliminate having to pay income taxes for some number of years .

Except the Times cries " Foul " at Trump while availing themselves of this very legitimate accounting and tax computational provision .