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Letitia James Subpoenaed Trump Over $21.5M Shady Tax Dodge

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Sun, 30 May 21 12:40 AM | 31 view(s)
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Letitia James Subpoenaed Trump Over $21.5M Shady Tax Dodge
By Caleb Newton -May 29, 2021

Former President Trump, who’s under criminal investigation for potential fraud at his business, has had one particular New York property examined quite closely, as newly released subpoenas reveal. Investigators associated with the office of New York Attorney General Letitia James and Manhattan District Attorney Cy Vance have examined the question of whether Trump fraudulently adjusted the value of a conservation easement on the property in question — which is in Westchester County, New York, and is known as the Seven Springs estate — thereby obtaining a tax break. Trump took a $21.1 million tax deduction in 2015 over the easement.

The subpoenas had not previously been available publicly. As reported by The Daily Beast in reference to the newly released subpoenas, “Investigators asked for a trove of documents related to Donald Trump’s failed attempts to develop a luxury golf course on a 212-acre, forested estate that spans across those three towns and includes several mansions.” The subpoenas went out to those towns in which the property sits. The towns, named Bedford, New Castle, and North Castle, complied with the demands for documents.

more:
http://bipartisanreport.com/2021/05/29/letitia-james-subpoenaed-trump-over-21-5m-shady-tax-dodge/?fbclid=IwAR1W9CN-BrPh-CvUOggZ-0I0dLI2rW-SLbLq3gf6EtSOxPqRPDdKsIb0Qtg


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