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Re: Prosecutors allege 15-year tax scheme, charges include 15 felony counts against Trump Org

By: clo2 in ALEA | Recommend this post (0)
Tue, 06 Jul 21 1:46 AM | 13 view(s)
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Msg. 42673 of 54434
(This msg. is a reply to 42672 by Cactus Flower)

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Here's a bit of irony, guess who prosecuted Leona Helmsley for tax evasion?


RUDY! ;))


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The above is a reply to the following message:
Re: Prosecutors allege 15-year tax scheme, charges include 15 felony counts against Trump Org
By: Cactus Flower
in ALEA
Mon, 05 Jul 21 6:49 PM
Msg. 42672 of 54434

Yep.

I read something different about the son which made it sound like the son's apartment may have been the same as the father's.

And I imagine the father will say he occupied the apartment to avoid late night commutes home - a bit like a hotel, which would be deductible as a business expense. I doubt a hotel would count as a residence, but who knows the rules in NYC. I'm not interested enough to find out. But no one should be prosecuted for working so hard they can't get home.

This is going to be a long and tiresome fight between competing sets of accountants arguing over allowable costs in grey areas. I've seen them do worse and get away with it.

But I won't take a dim view of Weisselberg's motives unless they are shown to be criminal in court. The indictment is going to imply the worst. That's the way things work. The next step will be the defence team starting to undermine the prosecution's case.

It's far too soon to assume the worst. If he thought his case was not defensible, he'd have done a deal.

There's nothing shifty about having accounting entries and a spreadsheet to explain them. Again, these are just words the prosecutors are using to make him seem like a criminal before the trial. Personally, I find that iniquitous.

By the way, most attorneys are rubbish accountants.

ps I recommend the presumption of innocence!!! It's the best principle in the law.


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