Lenders and investors in real estate projects managed by the family of White House adviser Jared Kushner, who’s also President Trump’s son-in-law, have reportedly been subpoenaed by U.S. tax authorities.
Bloomberg News reported that tax authorities have put together information on lenders and investors for some Kushner Cos. real estate projects in New York and New Jersey, with deals dating back to 2010.
Subpoenas have been issued over the past year by the Internal Revenue Service (IRS) and the Department of Justice (DOJ), a person familiar with the matter told Bloomberg.
{mosads}According to Bloomberg, the tax inquiry started before special counsel Robert Mueller was appointed to lead the investigation into Russia’s election interference and possible collusion between the Trump campaign and Moscow.
In a statement, a lawyer representing Kushner Cos. denied it is under investigation for tax issues.
“Kushner Cos. is not under investigation for any tax issues. It has had no contact with anyone at the IRS or Justice Department Tax Division,” a lawyer representing the company, Charles Harder, said in a statement to Bloomberg.
“It has received no subpoenas or audit requests about its taxes. It is not in tax court on any audits. If there is an investigation about others’ taxes, it has nothing to do with Kushner Cos. or its businesses.”
When Kushner took the job in the White House, he stepped down from his family business.
According to Bloomberg, the tax inquiry does not seem to be related to other investigations. It is also not known whether the investigation is looking into associates of the Kushner business or the actual company.