New York Tax Department Probes Trump Taxes from Decades Ago

Oct. 3, 2018, 2:31 PM

New York state tax authorities have opened an investigation into allegations reported in the New York Times that President Donald Trump and his family created their real estate empire through “instances of outright fraud,” evading taxes on hundreds of millions of dollars.

“The Tax Department is reviewing the allegations in the New York Times article and is vigorously pursuing all appropriate avenues of investigation,” said James Gazzale, spokesman for Department of Taxation and Finance.

Under New York and federal law, there’s no statute of limitations to pursuing civil tax cases if authorities suspect an intent to evade taxes. Generally, the ...

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