Hunter Biden failed to disclose $400,000 in income on his 2014 tax returns from the Ukrainian natural gas company he sat on the board of, according to a 2017 email from his former business partner, reports NBC News.
“In 2014 you joined the Burisma board and we still need to amend your 2014 returns to reflect the unreported Burisma income,” wrote Eric Schwerin.
"That is approximately $400,000 extra so your income in 2014 was closer to $1,247,328."
NBC obtained the email from Robert Costello, an attorney for Rudy Giuliani, and noted that it “could not independently verify whether the email is authentic and unaltered.”
Giuliani, President Donald Trump's lawyer, hired legal representation last November as federal prosecutors probed his interactions with two men charged with campaign finance violations. The former New York City mayor also gave Hunter Biden's laptop to authorities.
Hunter Biden last week said his taxes are under federal investigation. The U.S. attorney's office in Delaware opened the probe in late 2018, before his father Joe Biden became a presidential candidate. It includes inquiries into potential violations of money laundering and tax laws.
“I learned yesterday for the first time that the U.S. Attorney’s Office in Delaware advised my legal counsel, also yesterday, that they are investigating my tax affairs,” Hunter Biden said in a statement last week. “I take this matter very seriously but I am confident that a professional and objective review of these matters will demonstrate that I handled my affairs legally and appropriately, including with the benefit of professional tax advisors.”
Federal investigators also served several subpoenas last Tuesday seeking information related to more than two dozen entities, including Burisma and Hunter Biden’s Chinese business dealings and other financial transactions.
The younger Biden joined the board of Burisma in 2014, around the time his father, then vice president, was helping conduct the Obama administration’s foreign policy with Ukraine. Trump and his allies have long argued that Hunter Biden's work in Ukraine influenced the Obama administration's policies toward the Eastern European nation.
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