Donald Trump’s Foundation admits to ‘self-dealing’ in IRS filing: Report – AOL News2016-11-222016-11-22http://www.worldusnews.com/wp-content/uploads/2017/09/logo.pngWorld & US Newshttp://www.worldusnews.com/wp-content/uploads/2016/11/cf7d5599a89a48679415547adcde03c9.jpeg200px200px
President-elect Donald Trump’s charitable foundation reportedly has run afoul of the IRS, admitting in a 2015 filing posted online that it had transferred “income or assets to a disqualified person.”
The Washington Post on Tuesday reported the finding, which was revealed in 2015 tax forms made public Monday via the nonprofit document hub GuideStar.
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On a form a GuideStar spokesman told the Post was uploaded by the Donald J. Trump Foundation’s law firm, the foundation indicated it had violated “self-dealing” parameters, which could mean foundation assets inappropriately ended up with Trump, one of his business ventures or one of his family members.
Form questions asked if the foundation in 2015 and in years past engaged in self-dealing. The Trump Foundation checked “yes” to both. The Post could not immediately confirm whether the filings posted on GuideStar were also submitted to the IRS.
The media outlet and others throughout Trump’s campaign reported instances that appeared to show Trump using foundation assets to cover legal fees and perhaps pursue his political goals.
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