Report: New York State Launches Tax Inquiry Into Trump Foundation

Tax authorities in New York state are investigating the Donald J. Trump Foundation for possible violations of state tax law, The New York Times reports. Two state officials familiar with the situation said the inquiry, already underway by the New York state Department of Taxation and Finance, could lead to a criminal referral if any evidence of illegal activity is uncovered. It could also reportedly lead to the release of Trump’s tax returns. No further details were available on what activities in particular investigators are focusing on, but New York Attorney General Barbara Underwood last month accused the foundation of violating campaign-finance laws and illegally coordinating with Trump’s 2016 presidential campaign.