Trump’s foundation says it violated 'self-dealing' prohibition: Report
Trump’s foundation says it violated 'self-dealing' prohibition: Report
36 Mins Ago Reuters7
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http://fm.cnbc.com/applications/cnbc...g?v=1479829775Drew Angerer | Getty Images
President-elect Donald Trump speaks to reporters at Trump International Golf Club, November 19, 2016 in Bedminster Township, New Jersey.
Republican President-elect Donald Trump's charitable Foundation appears to have told the IRS that it violated a ban on so-called "self-dealing" and had transferred income or assets to a "disqualified person," The Washington Post reported, citing copies of the group's 2015 tax filings.
The foundation's Internal Revenue Service forms were posted late on Monday on the website for Guidestar, which tracks nonprofit organizations, the Post said, adding that it could not confirm whether the forms had actually been sent to the IRS.
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