In a shocking revelation from the annals of the House Ways and Means Committee, the spotlight is once again on Hunter Biden. An IRS insider has audaciously exposed a multi-layered tax evasion scheme allegedly involving Biden’s son. This illicit plot implicates multinational connections, a fortune worth millions, and the thin line between legality and impropriety. The whistleblower claims that the elaborate plan was engineered to save Hunter Biden from paying millions in taxes, dragging into the narrative a Ukrainian gas company and a Chinese firm. As the curtain lifts, the sordid intricacies of this offshore plot begin to unravel.
The anonymous whistleblower, a lead IRS case agent, laid bare the labyrinthine plot. In their testimony, they revealed that the arrangement was no less than a complex international web of financial deception that aimed to help Hunter Biden evade his fair share of taxes.
Hunter Biden, while serving on the board of the Ukrainian natural gas company Burisma, allegedly orchestrated the plan. The whistleblower disclosed that Hunter had been receiving a whopping sum of $666,667 from Burisma for little actual work. Instead of reporting it as income and fulfilling his tax obligations, he allegedly funneled the money into a Chinese corporation operated by an associate.
The associate, according to the whistleblower, would then “loan” the money back to Hunter Biden. This cleverly designed financial movement was purportedly intended to sidestep the tax liabilities that would have ensued had the money been received as direct income.
But this was merely the tip of the iceberg. The testimonial brought to light another layer of the plot involving a Bohai Harvest investment, in which Hunter Biden and Devon Archer had stakes. The investment required a sizeable sum of one million dollars which Hunter didn’t possess at the time. Devon Archer, in a tactical move, allegedly suggested using part of the Burisma money for the investment, while the remainder could be paid back to Hunter as a loan.
The whistleblower underscored the fact that Hunter had failed to report any income from Burisma in 2014, thereby leading to substantial tax liability. Disconcertingly, none of this had been either paid or prosecuted, and the statute of limitations for that year had expired.
In an attempt to paint a clearer picture, the whistleblower approximated a minimum tax loss of $124,845 for 2014. This figure included direct payments and benefits received by Hunter Biden. The existence of a Porsche purchased for Hunter’s benefit was also revealed, further adding to his taxable benefits, and yet no amounts were paid or prosecuted.
Notably, the issue didn’t just end there. In an eyebrow-raising revelation, the whistleblower alleged that a wealthy Hollywood celebrity lawyer named Kevin Morris paid off the colossal $2.2 million debt that Hunter owed to the IRS for the years 2014 through 2019.
Hunter’s 2020 tax returns included a note stating that he had received financial support from Morris, and they had mutually agreed to treat it as a loan with 5% interest, to be paid between 2025 and 2027. This, however, didn’t change the fact that tax laws had been repeatedly violated by Hunter Biden throughout the 2010s, as asserted by the whistleblower.
Irrespective of whether or not the liability was paid off years later, when they’ve been caught, the crime remained intact. The whistleblower’s response to this question was a simple, unequivocal ‘Yes.’
Another striking detail that emerged was Hunter Biden’s attempt to cover up the evasion. He reportedly told his counsel about the scheme, adding that Devon Archer was handling the taxes and he was taking some of the money as loans. This raised suspicion and led to a recommendation for an amended tax return. However, it seems that Hunter might have been advised against filing the tax return if he didn’t have the money to pay the taxes. It remains unclear whether the investigation into this transaction continued after the whistleblowers were removed from the case.
As we delve deeper into the tangled world of Hunter Biden’s alleged tax evasion, we are faced with unsettling revelations. A whistleblower from the IRS has come forth, shedding light on what appears to be a complex plot involving millions of dollars, foreign corporations, and ostensible tax evasion. The narrative, studded with intricate financial maneuvers, paints a disconcerting picture of Hunter Biden’s business practices. It serves as a stark reminder of the delicate balance between the law’s letter and its spirit. And while questions remain, one thing is certain: this startling revelation has sent shockwaves rippling through the political and financial world.
