Trump Taxes: Appeals Court Rules President Must Turn Over 8 Years of Tax Returns [View all]
Source: New York Times
Trump Taxes: Appeals Court Rules President Must Turn Over 8 Years of Tax Returns
A three-judge appeals panel said the president's accounting firm had to comply with a subpoena.
By Benjamin Weiser
Nov. 4, 2019, 10:47 a.m. ET
A federal appeals panel said on Monday that President Trump's accounting firm must turn over eight years of his personal and corporate tax returns to Manhattan prosecutors, a setback for the president's attempt to keep his financial records private.
But the tax returns are not likely to be handed over soon. Mr. Trump has fought vigorously to shield his tax returns, and the case appears headed to the United States Supreme Court.
Mr. Trump had sought to block his accounting firm from releasing the tax returns to the office of the Manhattan district attorney, Cyrus R. Vance Jr. Prosecutors in the office are investigating the role of the president and his business in hush-money payments made to two women just before the 2016 presidential election.
The legal fight began in late August after the office of Mr. Vance, a Democrat, subpoenaed Mr. Trump's accounting firm, Mazars USA, for his tax returns and those of his family business dating to 2011.
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Read more: https://www.nytimes.com/2019/11/04/nyregion/trump-taxes-vance-appeal.html
Hat tip, David Fahrenthold, who retweeted Zoe Tillman:
This is the case where @realDonaldTrump's lawyer said he could literally shoot someone on 5th ave and not be investigated for it.
The appeals court did not agree.
Link to tweet
BREAKING: The 2nd Circuit will not block a NY grand jury subpoena to Trump's accounting firm, finding Trump isn't likely to win arguing that any presidential immunity extends to something like this state grand jury investigation https://assets.documentcloud.org/documents/6538526/11-4-19-Trump-v-Vance-
Link to tweet
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