US President Donald Trump engaged in "dubious tax schemes", including cases of fraud in which he and his siblings helped their parents dodge taxes in the 1990s, the New York Times reported on Tuesday, citing more than 200 tax returns it obtained, repots Al Jazeera.

The White House responded to the report by calling it a "misleading attack" by the newspaper.  During his presidential campaign, Trump promoted himself as a self-made real estate mogul who started out with only a "very small" loan from his businessman father, Fred Trump.

But the New York Times reported much of that fortune came to Trump because he helped his parents evade taxes, including setting up a sham corporation with his siblings to disguise millions of dollars in gifts from their parents.