Development News Edition
Give Feedback

Tax treatment of loan was wrong, tells Manafort accountant to court

The accountant, Cynthia Laporta, said the accounting treatment involved the 2014 tax year. "I very much regret it," she told the courtroom.


Reuters 03 Aug 2018, 07:56 PM United States
  • The accountant, Cynthia Laporta, said the accounting treatment involved the 2014 tax year. "I very much regret it," she told the courtroom. (Image Credit: Twitter)

An accountant for U.S. President Donald Trump's former campaign chairman Paul Manafort testified on Friday that she knew an accounting treatment for a loan was wrong when preparing Manafort’s tax return.

The accountant, Cynthia Laporta, said the accounting treatment involved the 2014 tax year. "I very much regret it," she told the courtroom.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


add banner

LEAVE COMMENT