The Trump family’s tax affairs are being reviewed by New York state authorities following allegations of fraud in an exhaustive New York Times report, which Donald Trump decried as a “hit piece”.
The New York state department of taxation said it was examining the allegations and “vigorously pursuing all appropriate avenues of investigation”, according to reports.
Mr Trump took aim at the paper, a frequent target of his jabs, in a tweet on Wednesday morning: “The Failing New York Times did something I have never seen done before. They used the concept of ‘time value of money’ in doing a very old, boring and often told hit piece on me. Added up, this means that 97% of their stories on me are bad. Never recovered from bad election call!”
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