Tax law experts see ‘strong’ case against CFO for Trump organization

Perks such as condos and cars go well beyond the level of compensating a valued employee.


National News

July 2, 2021 - 2:44 PM

Allen Weisselberg, Trump Organization CFO, leaves Manhattan Criminal Court after his arraignment in State Supreme Court on July 1, 2021. (Michael M. Santiago/Getty Images/TNS)

NEW YORK (AP) — Companies give perks to their employees all the time. Many top executives at Fortune 500 companies have access to a corporate jet for personal use, a company apartment, or an expense account for fancy meals. Even lower-level employees regularly get access to perks like tuition reimbursement or cash to join a gym.

The indictment alleges that this wasn’t just a matter of Weisselberg failing to report his pay properly. It says the Trump Organization, as a company, was complicit.

But the extravagant perks prosecutors say the Trump Organization lavished onto its CFO Allen Weisselberg — apartments, cars, cash for holiday tips, tuition for his grandchildren to name a few — are well beyond the level of compensating a valued employee, some tax law experts said.

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