The Trump Organization pleads guilty to tax evasion in New York

The two companies were prosecuted for tax evasion and false accounting, in particular for the purpose of concealing monetary compensation from some tax managers.

“It’s about greed and cheating. In Manhattan, no corporation is above the lawgreeted prosecutor Bragg, specifying that it was the first time that a Donald Trump company had been convicted in a criminal court. For 13 years, the Trump Corporation and Trump Payroll Corporation have evaded the law by awarding high-level executives lavish compensation and benefits, intentionally hiding these benefits from tax authorities to avoid paying taxes.”

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