President Joe Biden’s son Hunter has paid off a huge tax liability, but remains under investigation for a “wide-ranging examination of his international business dealings.” The New York Times published a lengthy piece detailing just how much is going on in Hunter’s financial affairs.
“Hunter Biden told associates in recent months that he paid the federal taxes that had been the subject of Justice Department scrutiny. He told one associate that the tax liability was more than $1 million, and that he had to take out a loan to pay it off” reports the Times.
For two years, federal prosecutors in Delaware have issued numerous subpoenas relating to Hunter’s work abroad. And although Hunter has paid off his taxes, there is still much to uncover about his business transactions around the world. Although criminal charges against him remain, tax law experts say the fact that he has paid his debt may make juries and judges more sympathetic to a defendant who has paid their bills.
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President Joe Biden’s son Hunter has paid off a huge tax liability, but remains under investigation for a “wide-ranging examination of his international business dealings.” The New York Times published a lengthy piece detailing just how much is going on in Hunter’s financial affairs.
>
“Hunter Biden told associates in recent months that he paid the federal taxes that had been the subject of Justice Department scrutiny. He told one associate that the tax liability was more than $1 million, and that he had to take out a loan to pay it off” reports the Times.
>
For two years, federal prosecutors in Delaware have issued numerous subpoenas relating to Hunter’s work abroad. And although Hunter has paid off his taxes, there is still much to uncover about his business transactions around the world. Although criminal charges against him remain, tax law experts say the fact that he has paid his debt may make juries and judges more sympathetic to a defendant who has paid their bills.
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