"Mr. Calamari is pleased that the District Attorney's office has indicated that it has no present intention to bring charges against him. That is the fair and appropriate decision. He has committed no crimes and led an exemplary life", Calamari's lawyer Nicholas Gravante said in an emailed statement on Tuesday.
The office of Manhattan District Attorney Cyrus Vance declined to comment.
An indictment unsealed in July charged the Trump Organization and its CFO Allen Weisselberg with tax fraud arising from a probe into Trump's business and its practices.
That indictment said the company provided perks and benefits such as rent-free apartments and leased cars to Weisselberg and other officials without proper reporting on tax returns. Both Weisselberg and the company pleaded not guilty. Trump himself has not been charged.
Earlier this month, a source told Reuters that the Manhattan district attorney had convened another grand jury to weigh possible new charges in a case involving the Trump Organization. The second grand jury was expected to examine how the company valued its assets.
The criminal case stemmed from a probe by Vance in collaboration with New York State Attorney General Letitia James. Trump has called the charges politically motivated.
Trump's company operates hotels, golf courses, and resorts around the world. Before entering the White House in January 2017, Trump put it into a trust overseen by his adult sons Donald Jr. and Eric, as well as Weisselberg.
Calamari's son, Matthew Calamari Jr., testified before a grand jury in September and has immunity from possible prosecution, a source told Reuters earlier in November.
(Reporting by Kanishka Singh in Bengaluru and Karen Freifeld in New York; Editing by Bill Berkrot)
By Kanishka Singh and Karen Freifeld