GOLDEN HILL, Colo.
— Billionaire Jeffrey Epstein’s company received $1 billion in federal tax relief in 2016, the largest gift from the U.S. government to a U.N. agency since President Donald Trump took office.
Epstein’s investment company, Epstein Capital Management, paid $1,000 in federal income tax on the $2.5 billion gift from Uncle Sam in the first half of 2017, according to IRS filings.
The IRS said that the gift was not taxable.
Epsteins tax return was first reported by The New York Times on Monday.
Epstine’s foundation, which manages charitable giving, received a $1 million gift in 2018.
The company also received $2 million in tax-free grants in 2017, but said that total was not enough to pay all of its debts.
A spokeswoman for Epstein declined to comment.
The U.K.-based philanthropist is a longtime supporter of the U,N.
and the U’s peacekeeping mission.
He was named by Trump in 2020 as a vice chairman of his transition team.
Epstoni also has a stake in a Canadian coal mine owned by the family of the late Sen. Bernie Sanders.
Epsteadi’s foundation also supports a program that helps the poor through a program called the Epstein Foundation for Poverty Relief.
The Epstein family is the largest shareholder of the company, which is based in Colorado Springs.
Epsons foundation donated $500,000 to the U-N in 2020.
EpSTEINS tax return shows $2M in tax deduction, which includes $2,500 in charitable grantsThe U-NAFRC, the UNAF, is the U.’s main peacemaking body and a branch of the United Nations.
Its official mission is to promote peace, strengthen humanitarian access, and promote the rule of law in the world’s most populous country.
The group was founded in 1945 by former Prime Minister Winston Churchill.
It was created to promote international cooperation in order to address the needs of the global population.