Tax authorities subpoena lenders, investors in Kushner real estate projects: report

Tax authorities subpoena lenders, investors in Kushner real estate projects: report
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Lenders and investors in real estate projects managed by the family of White House adviser Jared KushnerJared Corey KushnerKushner investment firm raises more than B: report Trump: Netanyahu 'never wanted peace' with Palestinians Biden celebrates start of Hanukkah MORE, who's also President TrumpDonald TrumpBiden says Roe v. Wade under attack like 'never before' On student loans, Biden doesn't have an answer yet Grill company apologizes after sending meatloaf recipe on same day of rock star's death MORE'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.


According to Bloomberg, the tax inquiry started before special counsel Robert MuellerRobert (Bob) MuellerAn unquestioning press promotes Rep. Adam Schiff's book based on Russia fiction Senate Democrats urge Garland not to fight court order to release Trump obstruction memo Why a special counsel is guaranteed if Biden chooses Yates, Cuomo or Jones as AG MORE 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.