New York Daily News

State opens tax probe of Trump charity

- Kenneth Lovett

ALBANY – The state Tax Department has opened an investigat­ion into whether President Trump and his charitable foundation violated state law, two Cuomo administra­tion officials confirmed Wednesday night.

The probe, which has been ongoing for more than a month, is looking into whether the Donald J. Trump Foundation – and Trump himself – violated state law by transferri­ng assets or making certain misreprese­ntations to the state with respect to tax liability and tax assignment, the officials said.

“Gov. Cuomo believes there is one set of rules for everyone – no matter who you are or how much power you have,” one Cuomo aide said. “This matter will be investigat­ed to the fullest possible extent, and if appropriat­e, referred for criminal prosecutio­n.”

Word of the investigat­ion surfaced hours after Cuomo counsel Alphonso David said the governor would be willing to give the attorney general’s office a referral to launch a criminal probe into President Trump’s charitable foundation – if the AG wants it.

It also came a month after state Attorney General Barbara Underwood filed a bombshell civil lawsuit in Manhattan Supreme Court accusing the commander-in-chief and his three oldest children of operating a bogus namesake charity “in persistent violation” of federal and state laws for more than a decade.

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