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This is slightly more complicated than the Times makes it -- but no more friendly to Trump. John Hempton has a good breakdown here;

https://brontecapital.blogspot.com/2016/10/some-comments-on-...

Debt parking is a pretty interesting topic and would clearly be criminal tax evasion if discovered.

That's a very interesting theory on what's going on with trump's tax returns and why he won't release them. It also fits with him being audited so frequently. I wonder who/what could be the debt holder!