Hunter Biden 'tax affairs' under federal investigation; links to China funds

The U.S. Attorney’s Office in Delaware is investigating Hunter Biden’s “tax affairs,” President-elect Joe Biden’s son confirmed Wednesday, saying he is taking the matter “very seriously” and is “confident” he handled his affairs “legally and appropriately.” (Fox News)

“I learned yesterday for the first time that the U.S. Attorney’s Office in Delaware advised my legal counsel, also yesterday, that they are investigating my tax affairs,” Hunter Biden said in a statement. “I take this matter very seriously but I am confident that a professional and objective review of these matters will demonstrate that I handled my affairs legally and appropriately, including with the benefit of professional tax advisors.” (Fox News)

After going quiet in the months before the election, federal authorities are now actively investigating the business dealings of Hunter Biden, a person with knowledge of the probe said. His father, President-elect Joe Biden, is not implicated. (CNN)

Now that the election is over, the investigation is entering a new phase. Federal prosecutors in Delaware, working with the IRS Criminal Investigation agency and the FBI, are taking overt steps such as issuing subpoenas and seeking interviews, the person with knowledge said. (CNN)

Activity in the investigation had gone covert in recent months due to Justice Department guidelines prohibiting overt actions that could affect an election, the person said. (CNN)

The Biden-Harris transition, which had previously denied any awareness of federal probes into Hunter’s business dealings, struck a defensive note in a statement accompanying Hunter’s. (Politico)

"President-elect Biden is deeply proud of his son, who has fought through difficult challenges, including the vicious personal attacks of recent months, only to emerge stronger," the transition team said in a statement. (Politico)

Source: https://www.cnn.com/2020/12/09/politics/hunter-biden-tax-investigtation/index.html

Source: https://www.foxnews.com/politics/hunter-biden-tax-affairs-under-federal-investigation

Source: https://www.politico.com/news/2020/12/09/justice-department-interest-hunter-biden-taxes-444139

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