Trump foundation violated self-dealing laws, IRS filing shows

Published November 22, 2016 12:16pm ET



President-elect Trump’s charitable foundation has admitted to violating laws against “self-dealing,” which is the use of charitable funds for the benefit of people leading a charity.

According to report filed with the IRS on Monday and uploaded to a website that tracks nonprofits by attorneys representing the Trump Foundation, the foundation checked “yes” on its 2015 tax form when asked if it had transferred “income or assets to a disqualified person.” That could mean money was moved to someone like Trump or his children, who are legally barred from using funds from the charitable foundation.

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