Tuesday, February 23, 2021

The Supreme Court has allowed Trump’s tax refunds to be released


First entry: Tuesday, 23 February 2021, 06:26

The U.S. Supreme Court on Monday opened the way for New York prosecutors to gain access to former President Donald Trump’s tax refunds and other tax records as part of a criminal investigation, a blow to his efforts to withhold information about his financial situation.

The judges rejected, without comment, Trump’s request to postpone the execution of a court decision issued on October 7, which asked the accounting firm Mazars USA, with which the tycoon cooperates, to comply with the summons was handed over to hand over the material to a jury, which was convened by Manhattan Attorney General Cyrus Vance.

“The work is continuing,” Vance said in a statement following the court ruling.

Vance had previously informed Trump’s lawyers in a letter that his office would be free to enforce the summons if judges rejected the former president’s request.

The Supreme Court, which is held by the Conservatives with a 6-3 majority, and which includes three judges appointed by Trump himself, had already ruled once on the controversy. Last July, when he rejected Trump’s argument that he was excluded from criminal investigations, as incumbent president.

Unlike other US presidents, Donald Trump has refused to disclose his tax refunds during his four-year term. These documents could provide details about his assets and the activities of the family real estate company, the Trump Organization.

Vance had summoned Mazars in August 2019 to demand Trump’s personal and business tax returns from 2011 to 2018.

Vance’s investigation, which began two years ago, focuses on paying money in exchange for the silence of former Trump lawyer Michael Cohen before the 2016 election to two women: erotic film star Stormy Daniels and former Playboy model Karen McDougall, who claimed to have had an affair with Trump.



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