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Here’s what’s in Hunter Biden’s new California indictment

President Biden's son Hunter Biden is facing new tax-related charges in California.

Hunter Biden faces nine charges alleging a “four-year scheme” in which he failed to pay federal income taxes from January 2017 to October 2020 and also filed false tax returns.

The charges include three felonies and six misdemeanors, centered on $1.4 million in unpaid taxes that were subsequently paid.

Hunter Biden faces new charges in California

Hunter Biden faces nine charges alleging a “four-year scheme” in which he failed to pay federal income taxes from January 2017 to October 2020 and also filed false tax returns. (Reuters/Tom Brenner)

Special Counsel David Weiss said Hunter “failed to pay at least $1.4 million in self-assessed federal taxes owed for tax years 2016 through 2019 from approximately January 2017 to approximately October 15, 2020.” He was involved in the annual planning.” , and around February 2020, he filed a false tax return and evaded the assessment of his 2018 taxes. ”

“In furtherance of that plan,” Weiss said, the younger Biden “extracted millions of dollars from his company, Owasco, PC, outside of the normal payroll and withholding process.” , which destroyed the payroll and withholding process.” Designed for performance. ”

The special counsel alleged that Mr. Hunter “spent millions of dollars on a lavish lifestyle rather than paying taxes” and in 2018 “stopped paying unpaid and delinquent taxes for the 2015 tax year.”

Weiss said Hunter “had the funds to pay some or all of his 2016, 2017, 2018, and 2019 taxes and willfully failed to pay them on time.” He claimed that he “deliberately failed to report his taxes for 2017 and 2018.” I'll be back on time. ”

From sex clubs to strippers: Here are the five most salacious details from Hunter Biden's indictment

David Weiss Photo

Special Counsel David Weiss alleged that Hunter Biden “engaged in a four-year scheme to avoid paying at least $1.4 million in self-assessed federal taxes.” (Ministry of Justice)

”[W]He ultimately filed a 2018 return, which included false business deductions to avoid tax assessments to reduce the large tax liability he faced as of February 2020. “It was included,” Weiss argued.

Counts 1, 2, 4, and 9 allege that Hunter failed to pay taxes in 2016, 2017, 2018, and 2019, respectively.

Counts 3 and 5 allege that Hunter failed to pay taxes in 2017 and 2018, respectively.

The fifth indictment noted that Hunter had collected “gross income in excess of $2.1 million” and claimed that the presidential heir had not paid taxes on millions of dollars in income.

president joe biden

President Biden's son Hunter Biden is facing new tax-related charges in California. (Brendan Smialowski/AFP via Getty Images)

Count 6 alleges that Hunter “evaded assessment on a 2018 Form 1040” for taxes, and Count 7 alleges that Hunter filed a “false and fraudulent 2018 Form 1040.”

The sixth count also alleges that Hunter “ultimately filed a 2018 Form 1040 in 2020 to avoid being held in contempt of court in two civil actions.”

Additionally, Count Eight alleges that Hunter filed a “false and fraudulent 2018 Form 1120.”

Mr. Hunter pleaded not guilty to federal firearms charges in U.S. District Court for the District of Delaware in October after being indicted as a result of Mr. Weiss' years-long investigation.

Thursday's developments come ahead of a vote scheduled for next week by House Republican leaders on a bill that would formally launch an impeachment inquiry against President Biden over possible ties to his son's business dealings.

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Hunter's attorney, Abby Lowell, attacked Weiss over Thursday's indictment, accusing the special counsel of “causing to Republican pressure” when speaking to reporters.

“Based on the facts and the law, had Mr. Hunter's last name been anything other than Biden, the charges in Delaware and now California would not have been filed,” Lowell said in a statement.

Fox News Digital's Bradford Betz, Jake Gibson and David Spuntz and The Associated Press contributed reporting.

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