Hunter Biden, son of media-declared president-elect Joe Biden, announced on Wednesday that his taxes are under federal investigation by the U.S. attorney’s office in Delaware, The Hill reported.
“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 released by the Joe Biden transition team, according to NPR.
He went on: “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.”
The former vice president reportedly said in the statement that he remains “deeply proud of his son, who has fought through difficult challenges, including the vicious personal attacks of recent months, only to emerge stronger.”
DOJ looking at laptop
According to the New York Post, the investigation includes a look into the younger Biden’s overseas business dealings, which have included partnerships with companies in China and Ukraine, among others.
A laptop obtained by the FBI in 2019 is also part of the probe, the Post reported. A report from the Post earlier this year revealed the existence of the laptop and that its hard drive contained emails that detail some of the overseas business dealings in question.
At least one email on the laptop suggested that a new company being formed in China in 2017 included a 10% stake for “the big guy,” whom another person involved in the deal identified as Joe Biden himself, the Post reported Wednesday.
Sources said the federal investigation into Hunter Biden has been going on since 2018 and also involves whether money laundering laws were violated, according to The Hill.
Investigation moving forward
The investigation is now entering a new phase that involves subpoenas and interviews by the IRS and the FBI, the New York Post reported Wednesday.
It’s not the first problem Hunter Biden has had with his taxes. In July, a lien was filed against him for $453,000 in unpaid state taxes, but it was quickly paid in full, Politico reported.
Evidence of foreign payments to Hunter Biden first surfaced in 2018 when his business partner, Devon Archer, was convicted of corruption, as Politico noted.
It’s not clear whether the case against Hunter Biden will involve his father, who may soon be president. Joe Biden denied having any knowledge or involvement in his son’s business dealings, but email evidence shows that he met with Hunter’s foreign business associates on more than one occasion, according to the Post.