A tax break emerges in a Trump fraud case introduced by NY AG

One of the pillars of the multibillion-dollar fraud lawsuit unveiled against Donald Trump on Wednesday focused on a fairly common tax break that New York officials said slashed his tax bills by millions: conservation relief.

Such easements include the granting of development rights to maintain the property in exchange for a tax break. In her sweeping 222-page civil lawsuit, New York Attorney General Letitia accused James Trump and his firm of illegally inflating the valuations of several properties to increase tax deductions.

The easement donations play only one part in the overall lawsuit alleging that Trump, his adult…

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