File 032816
Email Chain on Tax Strategy and Estate Valuation (File 032816)
Email correspondence between Reid Weingarten and Jeffrey Epstein discussing Trump tax reporting and estate valuation methodology, dated September-October 2018.
Summary
A multi-part email chain from September-October 2018 discusses Trump's tax strategy and estate valuation approaches. The exchanges reference New York Times reporting on Trump's taxes and debate the proper valuation of inherited assets and partnership interests for tax purposes. Weingarten and Epstein discuss complexities of valuing limited partnership interests and the distinction between underlying asset values and taxable transfer values.
From: Weingarten, ReidSent: 10/3/2018 1:02:13 PMTo: J [jeevacation@gmail.com]Subject: Re:Importance: HighHad a gut that's where you would come outSent from my BlackBerry 10 smartphone.From: JSent: Wednesday, October 3, 2018 7:34 AMTo: Weingarten, ReidSubject: Re:fred gave him 15k as a 3 year old only. however ( written 200k in "todays dollars" ) then they compoundtheir silliness, stating that he was a millonair at age 8.? all silly, . if fred put 2k in treasuries the sameyear ,and didnt invest it it would be worth 1 million today. instead he invested in real estate. taxes on estatesand gigts are taxed on the value of what was transferred not the underlying thing. ex if you own 10 percentof a partnership interest in a 1 million builidng that cannot be sold for 20 years. what is the value of yourinterest. not 10 percent of 1 million as you only own a ltd partnership right. maybe 2 percent. its all legalOn Wed, Oct 3, 2018 at 7:21 AM Weingarten, ReidAnything surprise you?Sent from my BlackBerry 10 smartphone.From: JSent: Tuesday, October 2, 2018 11:45 PMTo: Weingarten, ReidSubject: Re:Floridawrote:On Tue, Oct 2, 2018 at 9:58 PM Weingarten, Reid wrote:Reading the nytimes trump tax story...so wish I was with you right now...so where are you?Sent from my BlackBerry 10 smartphone.From: Jeffrey E.Sent: Tuesday, September 25, 2018 11:42 AMTo: Weingarten, ReidSubject:where?please noteThe information contained in this communication isconfidential, may be attorney-client privileged, mayconstitute inside information, and is intended only forHOUSE OVERSIGHT 032816the use of the addressee. It is the property ofJEEUnauthorized use, disclosure or copying of thiscommunication or any part thereof is strictly prohibitedand may be unlawful. If you have received thiscommunication in error, please notify us immediately byreturn e-mail or by e-mail to jeevacation@gmail.com, anddestroy this communication and all copies thereof,including all attachments. copyright -all rights reservedplease noteThe information contained in this communication isconfidential, may be attorney-client privileged, mayconstitute inside information, and is intended only forthe use of the addressee. It is the property ofJEEUnauthorized use, disclosure or copying of thiscommunication or any part thereof is strictly prohibitedand may be unlawful. If you have received thiscommunication in error, please notify us immediately byreturn e-mail or by e-mail to jeevacation@gmail.com, anddestroy this communication and all copies thereof,including all attachments. copyright -all rights reservedplease noteThe information contained in this communication isconfidential, may be attorney-client privileged, mayconstitute inside information, and is intended only forthe use of the addressee. It is the property ofJEEUnauthorized use, disclosure or copying of thiscommunication or any part thereof is strictly prohibitedand may be unlawful. If you have received thiscommunication in error, please notify us immediately byreturn e-mail or by e-mail to jeevacation@gmail.com, anddestroy this communication and all copies thereof,including all attachments. copyright -all rights reservedHOUSE OVERSIGHT 032817