The New York City Tax Commission has been subpoenaed as part of the Manhattan District Attorney’s criminal investigation of Donald Trump.
Tax Commission Subpoenae
NYC Tax Commission Subpoenaed. “”The New York City Tax Commission has received a subpoena from the Manhattan District Attorney regarding Trump Organization properties,” Laura Feyer, a spokesperson for the New York City Mayor, which also speaks on behalf of the property tax agency’s office, told CNN.” [CNN]
Possible Criminal Charges
Agency Could Have Information On Illegal Actions By Trump. “Along with information already subpoenaed from creditors, the tax agency documents would help investigators determine whether Trump’s business inflated the value of his properties to secure favorable terms on loans while deflating those values to lower tax bills for those same properties.” [Reuters]
DA Hinted At Trump Criminal Misconduct. “While Reuters points out that Vance has not commented specifically on the focus of his investigation it noted that in court filings Vance’s office said it was probing “possibly extensive and protracted criminal conduct” at the Trump Organization, including possible falsification of records as well as insurance and tax fraud.” [TPM]