Trump tax returns

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Re: Trump tax returns

Post by username » Wed Nov 20, 2019 12:38 pm

Gfamily wrote:
Wed Nov 20, 2019 11:40 am
From here relating to US law
Statute of Limitations
The statute of limitations of a crime is the amount of time a prosecutor or a plaintiff has to file charges. In the case of taxes, it represents how long you should be looking over your shoulder after – willfully or otherwise – lying on your tax return.

The general rule of thumb is that the IRS has 3 years to audit your tax returns. If an investigation of your tax return reveals you concealed over 25% of your income, the IRS gets twice the time, 6 years, to file charges. However, this time period can be extended for a variety of reasons.

For instance, if you are not in the United States or you become a fugitive, the statute of limitations may be “tolled” – or stop running – until you are found or return home. Another matter to consider is when the 6-year period starts. The IRS could prosecute a series of fraudulent tax returns as a single charge and only start counting the 6-year period from your last act of tax evasion or fraud.

It gets worse. Although the IRS is limited to how far back it can look when filing charges in criminal court, there is no statute of limitations for civil tax fraud. This means the IRS can look back as far as it wants when suing for civil fraud. In practice the IRS rarely goes back more than 6 years because it has a high enough burden of proof to meet in fraud cases without having to deal with the added difficulties of proving older charges.
Thanks, useful, on point information. Also worth noting the stat they quote wrt convictions;
However, once the IRS charges a taxpayer, the conviction rate is high: around 93%.
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Re: Trump tax returns

Post by dyqik » Wed Nov 20, 2019 12:50 pm

Given that the IRS usually tries to settle and get payment upfront, and disputes about interpretation of tax law specifics are civil matters, and would likely be settled before a criminal charge, that's probably not that surprising, and maybe not that worrying. I suspect that the IRS avoids difficult cases.

It's possible that a really good and fair police system for any area of criminal law would only bring cases it knew it would win, and would let questionable cases drop.

If any one ever finds such a system, they could check that...

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Re: Trump tax returns

Post by username » Wed Nov 20, 2019 1:23 pm

Well, at this stage, at least as far as Trump's more recent tax returns are concerned (2013-2018) we still don't know what is in them.

Aiui they *are*, otoh, being audited (and allegedly Trump has attempted to interfere with this, surprise surprise, but evidence is currently thin on the ground, hence the ongoing suits). An audit is the necessary procedural first step.
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Re: Trump tax returns

Post by dyqik » Wed Nov 20, 2019 1:26 pm

username wrote:
Wed Nov 20, 2019 1:23 pm
Well, at this stage, at least as far as Trump's more recent tax returns are concerned (2013-2018) we still don't know what is in them.

Aiui they *are*, otoh, being audited (and allegedly Trump has attempted to interfere with this, surprise surprise, but evidence is currently thin on the ground, hence the ongoing suits). An audit is the necessary procedural first step.
The fact of the audits is, of course, only relevant to his returns pre-election. Presidential (and Veep) tax returns are required to be audited as a matter of law, by a special unit. It appears that Trump appointees tried to interfere in this as well.

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Re: Trump tax returns

Post by username » Wed Nov 20, 2019 1:41 pm

dyqik wrote:
Wed Nov 20, 2019 1:26 pm
username wrote:
Wed Nov 20, 2019 1:23 pm
Well, at this stage, at least as far as Trump's more recent tax returns are concerned (2013-2018) we still don't know what is in them.

Aiui they *are*, otoh, being audited (and allegedly Trump has attempted to interfere with this, surprise surprise, but evidence is currently thin on the ground, hence the ongoing suits). An audit is the necessary procedural first step.
The fact of the audits is, of course, only relevant to his returns pre-election. Presidential (and Veep) tax returns are required to be audited as a matter of law, by a special unit. It appears that Trump appointees tried to interfere in this as well.
The requests made by Congress have, I think, have been for publication of the 2013-2018 returns, a part of the issue is that although the in-office audit is part of the IRS manual, it is not a federal tax law.

To refer back to the OP's question as to what he's trying to hide, there are a multitude of possibilities from b.llsh.t to borderline illegality or outright malfeasance. As far as the bank fraud allegations go I really don't know how much, if any, water, they would hold.

I would be quite surprised if declarations made in business negotiations perfectly matched tax documents, whether divergence between the two would mean a fraud has been committed is probably a matter of degree and interpretation.
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Re: Trump tax returns

Post by tom p » Wed Nov 20, 2019 3:05 pm

bolo wrote:
Tue Nov 19, 2019 11:02 pm
I don't know enough about exactly which entities are autonomous there versus here to give a good answer to that.

Here, the National Weather Service is part of the National Oceanic and Atmospheric Administration, which is part of the Department of Commerce. The Secretary of Commerce is a political appointee and is pretty clearly the equivalent of a UK minister of something. The Administrator of NOAA is an Under Secretary of Commerce, a political appointee and I think the equivalent of a junior minister. The Director of the NWS, I am pretty sure, is a career civil servant, not a political appointee.
I understood that Trump's pick for head of the NWS is the boss of accuweather, who wants only to stop the NWS providing free storm warnings, so towns and cities will have to subscribe to accuweather or their people will die.
That would suggest the head of the NWS is a political appointee.

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Re: Trump tax returns

Post by username » Wed Nov 20, 2019 4:24 pm

It's NOAA, that Trump has been trying to get Myers approved to since 2017.
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Re: Trump tax returns

Post by bolo » Wed Nov 20, 2019 5:50 pm

Here is the bio of the NWS director:
https://www.weather.gov/organization/uccellini_louis

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Re: Trump tax returns

Post by tom p » Wed Nov 20, 2019 8:34 pm

Thanks chaps

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Re: Trump tax returns

Post by bmforre » Thu Nov 21, 2019 5:24 am

username wrote:
Wed Nov 20, 2019 4:24 pm
It's NOAA, that Trump has been trying to get Myers approved to since 2017.
WaPo:
https://www.washingtonpost.com/weather/ ... -concerns/
Barry Myers, President Trump’s controversial nominee to lead the National Oceanic and Atmospheric Administration (NOAA), has withdrawn from consideration due to health concerns, an administration official confirmed Wednesday evening.

Myers’ nomination had languished in the Senate since it was first announced in November 2017, due in part to conflict of interest concerns regarding his family’s continued ownership stake in AccuWeather, the private weather forecasting company he led until stepping down on Jan. 1.
Seems that health reasons are serious:
Myers’ decision to withdraw his nomination from consideration was first reported by the Washington Times. Myers told the Times that he had undergone surgery and chemotherapy treatments for cancer and wrote to the White House this week asking that his nomination be withdrawn.
And conflict of interest real:
Prior to his nomination, Myers had served as the CEO of AccuWeather since 2007. AccuWeather has had a history of advocating for expanding the role of private forecasting companies at the expense of the taxpayer-funded National Weather Service, which is part of NOAA.
More at link.

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Re: Trump tax returns

Post by tom p » Thu Nov 21, 2019 8:49 am

The CoI was greater than that. AccuWeather is the family business & his family still owns and runs it.Think his brother is CEO now.
This guy is a real douchebag, and the sooner he dies, the better.
This episode of last week tonight was all about this.

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Re: Trump tax returns

Post by username » Thu Nov 21, 2019 10:06 am

I've no doubt he's a coi hampered arse who won't be appointed, which is good.

(Things related to NOAA are of interest because of my location and work; none of this stuff is news to me :) )
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Re: Trump tax returns

Post by username » Thu Nov 21, 2019 10:15 am

bmforre wrote:
Thu Nov 21, 2019 5:24 am
username wrote:
Wed Nov 20, 2019 4:24 pm
It's NOAA, that Trump has been trying to get Myers approved to since 2017.
WaPo:
https://www.washingtonpost.com/weather/ ... -concerns/
Barry Myers, President Trump’s controversial nominee to lead the National Oceanic and Atmospheric Administration (NOAA), has withdrawn from consideration due to health concerns, an administration official confirmed Wednesday evening.

Myers’ nomination had languished in the Senate since it was first announced in November 2017, due in part to conflict of interest concerns regarding his family’s continued ownership stake in AccuWeather, the private weather forecasting company he led until stepping down on Jan. 1.
Seems that health reasons are serious:
Myers’ decision to withdraw his nomination from consideration was first reported by the Washington Times. Myers told the Times that he had undergone surgery and chemotherapy treatments for cancer and wrote to the White House this week asking that his nomination be withdrawn.
And conflict of interest real:
Prior to his nomination, Myers had served as the CEO of AccuWeather since 2007. AccuWeather has had a history of advocating for expanding the role of private forecasting companies at the expense of the taxpayer-funded National Weather Service, which is part of NOAA.
More at link.
Good news :)
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