Hunter Biden’s Tax Investigation: The citation asks for Burisma information

  • Hunter Biden was asked to provide information about Burisma’s work at the Ukrainian energy company as part of the DOJ’s tax investigation, a source involved in the process told the Associated Press.
  • The President-elect’s second son was also asked to submit documents related to his business relations and other financial transactions with China.
  • It is unclear whether the work of the younger Biden at the Ukrainian firm is a central part of the tax investigation.
  • Visit the Business Insider website for more news.

The subpoena, issued this week, asks Hunter Biden to disclose information about his work on the board of directors of the Ukrainian gas company, Burisma, a source involved in the DOJ’s tax investigation told the Associated Press.

Prosecutors also requested documents for more than two dozen entities related to the son of the elected president, including business relations with China.

The subpoena comes when Joe Biden’s second son confirmed he was under federal investigation earlier this week about his financial transactions.

It is unclear whether the work of the younger Biden at the Ukrainian firm is central to the investigation, or whether prosecutors only want to gather information on all sources of income in recent years, the AP reported.

Hunter Biden said Tuesday he takes the investigation “very seriously” and is “confident” that he has handled his affairs “legally and properly,” according to Vox.

It is said that the investigation was first started in late 2018 as a money laundering test, but now it focuses more on a possible violation of tax law.

The details of the citation came after Hunter Biden, a former business partner at Berisma, sent him an email in 2017 stating that he did not disclose his $ 400,000 payment from the company on his tax returns.

“He joined Burisma’s board of directors in 2014 and we still need to adjust his 2014 returns to reflect unreported Burisma revenue,” NBC News said in an email dated January 16, 2017.

The business partner notes that the younger Biden has netted more than $ 1.2 million for the year.

Hunter Biden joined Burisma Holdings as a board member in May 2014, with a press release announcing that he would manage the company’s international legal relationships with various companies. He later denied this description.

The appointment took place during an intensive period between the White House and Russia because of Ukraine and its energy dependence.

The younger Biden has not been charged with any crime, and it is not known about the elected president whether he is interested in the tax trials.

Younger Biden’s attorney, George Mesires, did not respond to the story immediately, and a spokesman for Biden’s transition team declined to comment.

Biden’s son was the main topic in the midst of a chaotic speech during the first Trump-Biden debate, with Trump mentioning his business relationships, including his relationship with Ukrainian gas company Burisma Holdings and his profits in China, while his father was vice president.

Hunter had previously been at the center of Trump’s Ukrainian scandal, which launched an indictment investigation.