The suit comes as the former president continues to argue falsely that the 2020 election was stolen from him, and as his family company, the Trump Organization, and its longtime chief financial officer, Allen H. Weisselberg, have been accused by Manhattan prosecutors of avoiding taxes on employee perks that should have been reported as income. They have pleaded not guilty.
During his 2016 presidential campaign, Mr. Trump promised to make his tax returns public, as presidential candidates, including President Biden, have done for at least 40 years. But Mr. Trump then refused to release them, citing an ongoing audit. The secrecy surrounding his taxes led to criticism and questions that dogged him throughout his presidency.
The documents that Ms. Trump provided were the basis of a 2018 article that delved into what The Times called Mr. Trump’s history of tax dodging and outright fraud, according to the lawsuit.
The Times report cast doubt on Mr. Trump’s claim that he was a self-made billionaire who rose to wealth and fame with little help from his father, a real estate developer. Instead, the investigation found, Mr. Trump inherited the equivalent of at least $413 million, much of it through “dubious tax schemes.”
The Times reported that Mr. Trump and his siblings set up a sham corporation to disguise millions of dollars in gifts from their parents, and that Mr. Trump helped his father take improper tax deductions worth millions more.
Article source: https://www.nytimes.com/2021/09/22/nyregion/mary-trump-taxes-lawsuit.html
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