Jared Kushner 'likely paid little or no income tax' for years

Jared Kushner

Jared Kushner

Jared Kushner, U.S. President Donald Trump's son-in-law and special advisor, appears to have paid no federal income taxes for several years, according to confidential financial documents, The New York Times reported on Saturday.

The Times spoke to 13 tax accountants and lawyers.

The spokesman for Kushner's attorney complained that the documents were "obtained in violation of the law and standard business confidentiality agreements".

The documents reviewed by The Times describe his business dealings, earnings, expenses and borrowing from 2009 to 2016, and contain details from Kushner's federal tax filings.

These documents were shared, as the Times says, by "a person who has had financial dealings with Mr. Kushner and his family". One told the paper that the records indicated that Kushner paid little or no federal income taxes in five of the last eight years.

The White House refused comment for the story.

The newspaper noted that the 2017 tax rewrite signed by Trump includes provisions that benefit real estate investors.

Mr. Mirijanian added that, with regard to the tax legislation, Mr. Kushner "has avoided work that would pose any conflict of interest".

In December, a group of Democratic lawmakers wrote to Kushner, asking whether in his talks with foreign officials he had ever discussed financing for a deeply indebted property in midtown Manhattan, citing concern he was using his position for financial gain.

Kushner registered an estimated net worth of almost $324 million, bringing home millions in salary and gains from his various investments.