< >

 

Trump Foundation Admits to ‘Self-Dealing’

Trump Foundation Admits to ‘Self-Dealing’President-elect Donald Trump’s charity admitted to the Internal Revenue Service that it violated a legal ban on “self-dealing” in 2015, according to a new report in the Washington Post. The ban keeps nonprofit leaders from using their own charity’s money to help themselves, including their businesses and families. The Donald J. Trump Foundation’s IRS tax filings for that year were available on Monday evening via the foundation’s law firm. On part of the form, the IRS asked if the foundation transferred “income or assets to a disqualified person.” That would including another member of Trump’s family, his other businesses, or Trump himself. According to the Post, the foundation wrote “yes.” The foundation also indicated on the same forms that the charity had engaged in self-dealing in prior years.

Tags: , , , , , , , , , , , , , , , , , ,


 

Follow Us for Live Updates


Please Share Us Now!