Hunter Biden Indicted On Multiple Felony Federal Tax Charges In LA
On the same day as House Republicans formalize the impeachment inquiry of President Joe Biden, the special counsel investigating Hunter Biden charged the president’s son late Thursday on nine counts stemming from his failure to pay his federal taxes on time on millions in income from foreign businesses.
A grand jury in the Central District of California (yes California!) charged Mr. Biden with three counts each of evasion of a tax assessment, failure to file and pay taxes, and filing a false or fraudulent tax return, according to the 56-page indictment (see below).
The situation is more serious now as the charges include three felony tax offenses and six misdemeanors.
“At times relevant to this Indictment, the Defendant served on the board of a Ukrainian industrial conglomerate and a Chinese private equity fund. He negotiated and executed contracts and agreements for business and legal services that paid millions of dollars of compensation to him and/or his domestic corporations, Owasco, PC and Owasco, LLC,” the indictment reads.
“The Defendant engaged in a four-year scheme to not pay at least $1.4 million in self-assessed federal taxes he owed for tax years 2016 through 2019, from in or about January 2017 through in or about October 15, 2020, and to evade the assessment of taxes for tax year 2018 when he filed false returns in or about February 2020,” the indictment adds.
This is the second indictment against him this year – the first of which related to alleged gun possession and false statements.
He has pleaded not guilty in the gun charges case.
As a reminder, the previous indictment culminated in a plea deal, which ultimately fell apart amid whistleblower allegations that Biden-appointed officials had worked to stifle the case.
Don Jr offered his perspective on the matter…
Mark my words this was planned and they’re going to use this as the excuse to not testify before Congress… he’ll end up with nothing or slap on the wrist but it’ll make sure he evades the thousands of things @GOPoversight is looking at. Bookmark it! https://t.co/MXC3E3A9Zx
— Donald Trump Jr. (@DonaldJTrumpJr) December 8, 2023
The case was assigned to Judge Mark Scarsi, who was appointed by former President Donald Trump.
Well, all those 87,000 new IRS agents was money well-spent right?
Instead of going after the ‘billionaires’, they are clearly just trying to keep the poor-but-talented painters of America down.
Thanks Joe!
We’re making corporations and the super-wealthy start to pay their fair share in taxes.
It’s about rewarding work, not wealth.
— Joe Biden (@JoeBiden) January 27, 2023
….and that’s how Gavin Newsom becomes the Democratic Party nominee.
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Read the full docket below:
Tyler Durden
Thu, 12/07/2023 – 21:01
via ZeroHedge News https://ift.tt/9KVAH4M Tyler Durden