New York state tax department reviewing fraud allegations involving Trump in NYT article
Source: CNBC
New York state tax officials are investigating allegations detailed in an exhaustive New York Times investigation into Donald Trump and his family's business dealings.
The Times reported on Tuesday that Trump and his family committed "instances of outright fraud" in order to transfer millions of dollars from the real estate empire of the president's father, Fred Trump, to his children without paying the appropriate taxes.
"The Tax Department is reviewing the allegations in the NYT article and is vigorously pursuing all appropriate avenues of investigation," a spokesman from the New York State Department of Taxation and Finance said in an email to CNBC.
Representatives from the White House and the Trump Organization did not return requests for comment.
Read more: https://www.cnbc.com/2018/10/02/new-york-state-tax-department-reviewing-fraud-allegations-involving-trump-in-nyt-article.html
ETA having trouble copying the link. Hope this link works. Updated the link again
truthisfreedom
(23,157 posts)Perfect timing!
C_U_L8R
(45,021 posts)The NYS tax dept is badass. They'll be on this like a dog with a bone.
TheBlackAdder
(28,222 posts)SWBTATTReg
(22,171 posts)his fair share of taxes. The IRS won't but NY will. As a matter of fact, any state or country in which a rump enterprise works/operates, would be entitled to review all filings of rump enterprises for a hint of fraud, which apparently occurred pretty frequently.
What a fraud.
HuskyOffset
(890 posts)pnwmom
(108,995 posts)htuttle
(23,738 posts)...with interest over a few decades. There may be a statute of limitations regarding pressing criminal charges, but you still owe the money.
At least that's my understanding of it.
PSPS
(13,616 posts)aeromanKC
(3,328 posts)Trump and Kavanaugh are trying to change that.
Julian Englis
(2,309 posts)State & local taxes should be seen as separate criminal acts, different in nature than any federal tax crimes. 😋
WhiteTara
(29,722 posts)to watch him being bounced out of our White House penniless plus owing money to New York? But I'd still rather see him in prison.
flotsam
(3,268 posts)One bad act in the years just before he was elected and you've got an excuse to bring RICO charges. Do you expect he turned choir boy at some point or did he continue his history of fraud?
ffr
(22,672 posts)See, if McConnell wouldn't have allowed tRump to withhold his tax returns, tRump would be eating ice cream in his hotel and this story probably wouldn't have ever come to light.
Gonna be hard for him now though. This could be really bad, in fact.
alwaysinasnit
(5,075 posts)Kajun Gal
(1,907 posts)ffr
(22,672 posts)Holy Crap!
No excuses folks. Midterm straight ticket for dems. With subpoena power, they'll get to the bottom of this. The Rump empire is toast!
WhiteTara
(29,722 posts)How did NYT get the returns? Thanks. I've had to ration myself because I am so freaked out.
Racerdog1
(808 posts)Always has been. dumb asses that voted for this piece of shit are just either blind to it or too stupid to see it.
FakeNoose
(32,777 posts)WhiteTara
(29,722 posts)Fred Sanders
(23,946 posts)edbermac
(15,947 posts)djacq
(1,634 posts)Amaryllis
(9,525 posts)Has the tweet come yet?
7962
(11,841 posts)Its his shitty record keeping, tax avoidance and the FACT that he makes FAR less money than he keeps telling his minions.
Bayard
(22,163 posts)Right?