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Jared Kushner sells '$50m' stake in company that benefited from Trump tax breaks he pushed for
Jared Kushner has sold his stake in a company that benefited from Opportunity Zone tax breaks he lobbied for in Washington, after he was accused of using his role as White House adviser for personal gain.
A filing at the Office of Government Ethics released Monday shows that Kushner, President Donald Trump's son-in-law, received permission to defer capital gains taxes on the sale of his stake in Cadre, a digital platform for smaller investors in commercial properties.
Kushner's holding in the private Cadre was worth between $25million and $50million, according to a financial disclosure report he filed with federal ethics officials last year.
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