United States | The elephant not in the room

Two Trump Organisation companies are found guilty of tax fraud

Donald Trump himself was not on trial, but is thought also to be under investigation

NEW YORK, NEW YORK - AUGUST 10: People walk by Trump Tower in Manhattan on August 10, 2022 in New York City. According to a recent report, the FBI was looking for nuclear-related documents aming other things when they searched Mar-a-Lago. (Photo by Spencer Platt/Getty Images)
|NEW YORK

Two mercedes-benz saloons, apartments, private-school tuition, furniture for a Florida home, flat-screen televisions, carpet and cheques stuffed into Christmas card envelopes. These untaxed, off-the-book perks were among the items paid by two entities of the Trump Organisation, Donald Trump’s real-estate company, to a handful of its top executives, including Allen Weisselberg, the company’s former chief financial officer who was Mr Trump’s long-serving lieutenant. After a long criminal trial, on December 6th a New York jury swiftly found Trump Corporation and Trump Payroll Corporation guilty of a host of crimes, including conspiracy, tax fraud and falsifying business records.

This article appeared in the United States section of the print edition under the headline “High deductibles”

Searching for returns

From the December 10th 2022 edition

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