NEW YORK (AP) – Donald Trump’s company is under criminal investigation by a district attorney in a New York City suburb over whether it misled officials to deduct taxes for a golf course, According to The New York Times.
The district attorney’s office presented the records of both Trump National Golf Club In the City of Westchester and Oceaning, which handles the club’s taxes, the Times said, citing “people with knowledge of the matter”. The paper did not say why they had requested anonymity.
The investigation, led by District Attorney Mimi E. Rokah, a Democrat, appears to focus on whether the former president’s company submitted misleading valuations on the golf course.
In a statement, the Trump Organization suggested the investigation was politically motivated, noting that it had struck a deal with the city in June over its long-running efforts to cut taxes, a deal signed by a county judge. .
“The suggestion that anything was inappropriate is completely false and incredibly irresponsible,” Trump said in a statement. “The witch hunt continues.”
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The district attorney’s office has not accused anyone of wrongdoing at the company and it was not immediately clear whether the investigation would ultimately lead to any charges. A spokesman for the office, Jess Vacchiarelli, would not confirm the investigation to the Associated Press, saying only, “We have no comment.”
The investigation adds to the many legal challenges facing the former president and his company. In July, the Manhattan District Attorney accused the company and its longtime financial chief of allegedly failing to pay taxes on employee allowances such as cars and apartments. Both the company and the head of finance, Alan Weiselberg, have pleaded not guilty.
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The office of the New York State Attorney General, who joined the Manhattan district attorney investigation, has also launched its own investigation into Trump’s finances. That civil investigation is looking into whether the Trump Organization may have misled tax officials in the valuation of one of the company’s Westchester County properties, a Georgian-style mansion at its Seven Springs estate that occupies a 213-acre plot. Located in rural areas.
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The Trump Organization has been fighting the city of Ossing for years over a lower taxation for its Westchester golf course. The company once valued the golf club for tax purposes at about $1.4 million, later raising its estimate to $6.5 million, while the city valued it at more than $15 million over the years.
In June, a New York judge ruled on a settlement that would reduce the assessment for 2021 to $9.5 million. The settlement took a cut of about 30% over several years, giving the company a refund of about $875,000 for overcharges on its past taxes. .