New York tax officials probing Trump family tax practices

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subscriber.politicopro.com—The alleged actions took place three decades ago, likely putting any criminal liability past the statute of limitations.

New York state tax officials are looking into fraud allegations against the Trump family in a bombshell New York Times report. An explosive New York Times investigation revealed the complex financial transactions that allowed Fred Trump to transfer wealth to his children, including President Donald Trump. According to the Times, the Trumps at times engaged in "outright fraud" by marking down the value of properties to avoid larger tax bills. The The New York State Department of Taxation and Finance told Business Insider in an email that the state is reviewing the allegations and "is vigorously pursuing all appropriate...