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On Thursday, Hunter Biden pleaded not guilty to nine federal tax charges in Los Angeles federal court. Judge Mark Scarsi presided over the hearing.
The president's son was charged by a federal grand jury in California last month with evasion of a tax assessment, failure to file and pay taxes, and filing a false or fraudulent tax return. A 56-page indictment, according to the New York Times, detailed the allegations, which documented his years of substance abuse, extravagance, extravagant spending, and violation of federal tax regulations.
The charges brought against Hunter Biden by US Special Counsel David Weiss include three felonies and six misdemeanors over $1.4 million in unpaid taxes.
The criminal indictment states that Hunter "engaged in a four-year scheme to not pay at least $1.4 million in self-assessed federal taxes he owed for tax years 2016 through 2019, from in or about January 2017 through in or about October 15, 2020, and to evade the assessment of taxes for tax year 2018 when he filed false returns in or about February 2020."
Weiss alleges in the complaint that Biden "subverted the payroll and tax withholding process of his own company, Owasco, PC by withdrawing millions" from the company "outside of the payroll and tax withholding process that it was designed to perform."
Additionally, the special counsel alleged that Hunter "spent millions of dollars on an extravagant lifestyle rather than paying his tax bills," and that in 2018, he "stopped paying his outstanding and overdue taxes for tax year 2015."
In September, following an extensive five-year investigation, Weiss brought charges against Hunter Biden related to false statements on a background check form to obtain a firearm. The charges related to those false statements came after a plea agreement broke down in a Delaware courtroom in October.
In the collapsed plea deal, Biden had agreed to plead guilty to two misdemeanor charges related to his failure to pay a minimum of $100,000 on earnings exceeding $1.5 million in both 2017 and 2018. It was alleged by IRS whistleblowers that their investigation into Hunter Biden's tax issues was hindered by the Biden administration, and prior to that was hindered by the Department of Justice itself, which, per whistleblower Gary Shapley, put up roadblocks on the investigation once it became clear in 2020 that Biden would be the Democrat nominee for president.
Weiss had chosen not to press charges against Biden for suspected tax offenses committed in southern California and Washington, DC. This decision followed the refusal of cooperation by US attorneys in both districts regarding his investigation.
As part of Weiss's extensive probe, a subpoena was issued to James Biden, Joe Biden's brother. The focus of Weiss' investigation has been Hunter Biden's alleged failure to pay taxes on income earned from overseas ventures, as reported by CNN in November.
Hunter's court appearance in California occurred the day after he made a surprise appearance during the House Oversight Committee hearing where lawmakers discussed a resolution holding him in contempt of Congress. The president's son defied a congressional subpoena in December surrounding the Biden family's alleged illegal foreign business dealings.
This is a breaking story and will be updated.
The president's son was charged by a federal grand jury in California last month with evasion of a tax assessment, failure to file and pay taxes, and filing a false or fraudulent tax return. A 56-page indictment, according to the New York Times, detailed the allegations, which documented his years of substance abuse, extravagance, extravagant spending, and violation of federal tax regulations.
The charges brought against Hunter Biden by US Special Counsel David Weiss include three felonies and six misdemeanors over $1.4 million in unpaid taxes.
The criminal indictment states that Hunter "engaged in a four-year scheme to not pay at least $1.4 million in self-assessed federal taxes he owed for tax years 2016 through 2019, from in or about January 2017 through in or about October 15, 2020, and to evade the assessment of taxes for tax year 2018 when he filed false returns in or about February 2020."
Weiss alleges in the complaint that Biden "subverted the payroll and tax withholding process of his own company, Owasco, PC by withdrawing millions" from the company "outside of the payroll and tax withholding process that it was designed to perform."
Additionally, the special counsel alleged that Hunter "spent millions of dollars on an extravagant lifestyle rather than paying his tax bills," and that in 2018, he "stopped paying his outstanding and overdue taxes for tax year 2015."
In September, following an extensive five-year investigation, Weiss brought charges against Hunter Biden related to false statements on a background check form to obtain a firearm. The charges related to those false statements came after a plea agreement broke down in a Delaware courtroom in October.
In the collapsed plea deal, Biden had agreed to plead guilty to two misdemeanor charges related to his failure to pay a minimum of $100,000 on earnings exceeding $1.5 million in both 2017 and 2018. It was alleged by IRS whistleblowers that their investigation into Hunter Biden's tax issues was hindered by the Biden administration, and prior to that was hindered by the Department of Justice itself, which, per whistleblower Gary Shapley, put up roadblocks on the investigation once it became clear in 2020 that Biden would be the Democrat nominee for president.
Weiss had chosen not to press charges against Biden for suspected tax offenses committed in southern California and Washington, DC. This decision followed the refusal of cooperation by US attorneys in both districts regarding his investigation.
As part of Weiss's extensive probe, a subpoena was issued to James Biden, Joe Biden's brother. The focus of Weiss' investigation has been Hunter Biden's alleged failure to pay taxes on income earned from overseas ventures, as reported by CNN in November.
Hunter's court appearance in California occurred the day after he made a surprise appearance during the House Oversight Committee hearing where lawmakers discussed a resolution holding him in contempt of Congress. The president's son defied a congressional subpoena in December surrounding the Biden family's alleged illegal foreign business dealings.
This is a breaking story and will be updated.
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