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write off

Trump a ‘genius’ at business if he paid no tax, advisers say

2 years, 12 days ago
WASHINGTON: Donald Trump's decision to take a $916 million loss on his 1995 income tax return showed his business acumen and "genius" at figuring out how to minimize his tax bill, two of the Republican presidential candidate's advisers said…

China banks write off $300 billion in bad loans: official

2 years, 3 months ago
BEIJING: Chinese banks have written off more than $300 billion of bad loans in the past three years, an official said Thursday as Beijing seeks to reassure investors that the country can cope with its mounting debt problem.