Hunter Biden Email Shows US $400K Unreported Income From Burisma, Cites Need To ‘Amend’ Tax Returns
The son of presidential candidate Joe Biden did not report “approximately US$400,000” from the income he collected from his board position at the controversial Ukrainian natural gas firm, Burisma Holdings in 2014.
Fox News reported that based on a new email it obtained, the younger Biden’s lawyer also noted that his tax returns “needs to be amended”— fueling more talks over his revelation last week that he was under “federal investigation” for his tax affairs.
The media outlet noted that the basis of its report is a “memo dated January 16, 2017” where it obtained one of “multiple emails” detailing the younger Biden’s income tax record for 2013 to 2015.
“The email, which was first reported by NBC News, was sent to Hunter Biden from Eric Scherwin, who at the time served as president of Rosemont Seneca,” Fox News said, noting, however, that it “could not verify its authenticity” with all the camps unable to return its requests for comment.
“In 2014 you joined the Burisma board and we still need to amend your 2014 returns to reflect the unreported Burisma income,” Scherwin reportedly wrote to Biden according to the email dated January 16, 2017.
“That is approximately US$400,000 extra so your income in 2014 was closer to US$1,247,328,” it added.
The email went on to say that in 2013, the younger Biden reported “US$833,614 in income,” and in 2014 “your taxes reported US$847,328 in income. (To be amended at US$1,247,328).”
In 2015, the son of former VP Biden netted a “US$2,478,208 in income.”
Scherwin in the email, reportedly went on to explain Hunter Biden’s “increased income in 2015,” saying he collected “US$166,666 from Burnham (for RSA), US$216,000 from Boies, US$365,403 from Owasco (for RSA), US$300,000 one time payment from Eudora (for the 1/3 of CitizensRx).”
The younger Biden has been scrutinized for his role on the board of Burisma where he received a US$50,000 monthly salary.
In 2014, Hunter Biden sat on the board of Burisma after he was discharged from the US Navy Reserve for testing positive for cocaine. His father — Joe Biden — was then serving as vice president of the United States. The younger Biden held the position until 2019.
NBC News said the email was made available by Robert Costello, an attorney for Rudy Giuliani who in turn is President Donald Trump’s personal lawyer. The outlet said it “could not independently verify whether the email is authentic and unaltered” although it noted that a Biden campaign spokesperson “did not dispute its authenticity.”
Hunter Biden acknowledged last Wednesday the investigation into his tax affairs insisting that he handled his affairs “legally and appropriately.”
“I learned yesterday for the first time that the US Attorney’s Office in Delaware advised my legal counsel, also yesterday, that they are investigating my tax affairs,” Biden said in a statement. “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.”
Biden’s affairs in Ukraine was central to the impeachment put forward by House Democrats against President Trump last year — alleging that the incumbent Republican President then “pressured” Ukrainian President Volodymyr Zelensky to start an investigation into the Biden’s. Zelensky already denied the US President pressured him on anything.
Meanwhile, the Trump team that time claimed that former VOP Biden forced out a Ukrainian prosecutor investigating Burisma that could implicate Hunter Biden.
Biden says post “probably” given due to last name
Giuliani, in a television interview, last year, produced a copy of the sworn statement of the Ukranian prosecutor saying, under oath, that he was “forced out of office” as Ukraine’s top prosecutor because he was leading a “wide-ranging corruption probe” into an energy company were Joe Biden’s son, sits as a part of the board.
Hunter Biden said in a 2019 interview with ABC News, that he probably got his board seat because of his last name and admitted that joining Burisma was “poor judgment.”
“In retrospect, look, I think that it was poor judgment on my part,” the younger Biden said then, although insisting that he “did nothing wrong at all.”
Asked then if he would have been given the board position at the Ukrainian energy company, if his last name wasn’t Biden, he conceded, “probably not.”
“I don’t know. I don’t know. Probably not … But that’s — you know — I don’t think that there’s a lot of things that would have happened in my life if my last name wasn’t Biden,” he added.
