Thursday, September 1, 2016

Trump paid IRS fine after illegal political contribution: report

Donald Trump paid a $2,500 fine to the IRS this year after it was discovered that the mogul’s namesake charity had illegally made a $25,000 political contribution, The Washington Post reported on Thursday.

The Donald J. Trump Foundation gave the money to a group called “Justice for All,” which was supporting Florida Attorney General Pam Bondi’s campaign. At the time, Bondi was weighing whether to pursue an investigation into allegations of fraud that had been leveled against Trump University. She eventually declined to bring charges.

The Post had discovered that in their 2013 tax filings, the charity did not list the contribution to the Florida group, but instead showed a $25,000 contribution to a charity in Kansas with a similar name — which it never made. 

The Trump foundation also answered no when the form asked if it had made any political contributions that year.

"It was just an honest mistake," Jeffrey McConney, a senior vice president at the Trump Organization, told the Post. "It wasn’t done intentionally to hide a political donation, it was just an error."

Trump later reimbursed his foundation for the contribution out of his personal account, which his employees say is more typically used to make such political donations.

Full story http://thehill.com/blogs/ballot-box/presidential-races/294146-trump-paid-irs-fine-after-illegal-political-contribution

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