8 Years of Trump Tax Returns Are Subpoenaed by Manhattan D.A.
Source: New York Times
State prosecutors in Manhattan have subpoenaed President Trumps accounting firm to demand eight years of his personal and corporate tax returns, according to several people with knowledge of the matter.
The subpoena opens a new front in a wide-ranging effort to obtain copies of the presidents tax returns, which Mr. Trump initially said he would make public during the 2016 campaign but has since refused to disclose.
The subpoena was issued by the Manhattan district attorneys office late last month, soon after it opened a criminal investigation into the role that the president and his family business played in hush-money payments made in the run-up to the election.
Both Mr. Trump and his company reimbursed Michael D. Cohen, the presidents former lawyer and fixer, for money Mr. Cohen paid to buy the silence of Stormy Daniels, a pornographic film actress who said she had an affair with Mr. Trump. The president has denied the affair.
Read more: https://www.nytimes.com/2019/09/16/nyregion/trump-tax-returns-cy-vance.html
riversedge
(70,084 posts)Maraya1969
(22,462 posts)Over the person in charge should go to jail and be fined
I can't believe no one has been so far.
Leghorn21
(13,523 posts)Hey Manhattan, thanks and hang tough
Blue_playwright
(1,568 posts)New Breed Leader
(622 posts)<blockquote class="imgur-embed-pub" lang="en" data-id="A5n0dKh"><a href="//imgur.com/A5n0dKh">View post on imgur.com</a></blockquote><script async src="//s.imgur.com/min/embed.js" charset="utf-8"></script>
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Gothmog
(144,920 posts)FakeNoose
(32,587 posts)Otherwise, how could they nail it down to 8 specific years? The DA must already have info from Cohen about where to look. Also it's possible they've talked to Allen Weisselberg the CFO for Chump Organization. I'm glad this is finally getting somewhere. Here's hoping it's not a wild goose chase!
Gothmog
(144,920 posts)Glimmer of Hope
(5,823 posts)dchill
(38,444 posts)Eventually.
Paper Roses
(7,471 posts)New Breed Leader
(622 posts)progressoid
(49,947 posts)ballardgirl
(145 posts)Although he has done much good there is this: The Manhattan district attorney who declined to prosecute Harvey Weinstein and also protected President Donald Trumps adult children from potential felony fraud charges reportedly attempted to help out billionaire sex offender Jeffrey Epstein, according to the New York Post.
Kurt V.
(5,624 posts)klook
(12,152 posts)JustABozoOnThisBus
(23,321 posts)Federal returns may have more details about sources of income.
SWBTATTReg
(22,065 posts)information from the completed federal returns over to the state's returns, and they (IMHO) have the right to do so. In MO for example, they ask for a couple of the first pages of a return (fed. return) if you itemize etc.
choie
(4,107 posts)making it legal for Trump's state tax returns to be released
Fritz Walter
(4,291 posts)I should go buy a Lotto ticket!
First was the news that Elaine Chou is now the focus of a Congressional investigation. Both the mangled apricot hellbeast and #MoscowMitch should be panicking by now, and thats a good thing (especially if either/both consequently suffer massive apoplexy or myocardial infarction).
Now this news.
No wonder the SCROTUS* is just itching to launch an illegal war in the Middle East because Mohammed Bone Saws crude oil facilities were attacked by tiny, little drones this weekend. Jeepers! With as much financial aid as we have poured into this murderous king-dumb, youd think they could spare a few dollars to better protect such crucial assets (which directly contribute to the global climate and catastrophic change, as well as their obscene wealth)!
<Deep breath!>
We in northeast Florida have dodged two massive, destructive storms this month. Our good luck will eventually run out. The Bahamas have been the canary in this environmental coal mine.
___
* So Called Ruler of the United States
erronis
(15,181 posts)OK, now I have to come up with something witty to match your SCROTUS*
How about PENUS: Petulant Executive, Not oUrS
No? Petit Erective, Not Udderably Stable
Yours is too good.
---
* So Called Ruler of The United States
Mc Mike
(9,111 posts)bluestarone
(16,861 posts)Is it possible for the DEM. house to get these from the state of NY?
Yo_Mama_Been_Loggin
(107,741 posts)hughee99
(16,113 posts)Instead of the NY department of revenue, where he filed it? Surely its easier to get this from a state agency than a private accounting firm.
Massacure
(7,515 posts)Per the article, the District Attorney is asking for State and Federal forms. I would imagine those state forms are non-NY state forms; they might suspect Trump of laundering money through a corporation that does not do business in New York for example.
hughee99
(16,113 posts)Then you can be sure you got what was actually filed.
Massacure
(7,515 posts)The IRS very likely would ignore a subpoena that came from a state court.
hughee99
(16,113 posts)IRC 6103(d) provides that return information may be shared with state agencies responsible for tax administration. The state agency must request this information in writing, and the request must be signed by an official designated to request tax information.
https://www.forbes.com/sites/taxanalysts/2015/08/07/a-look-at-information-sharing-agreements-between-the-irs-and-states/#8c149162851b
cstanleytech
(26,236 posts)wants to get them dead to rights on covering it up by omitting it from the papers they turn over.
hughee99
(16,113 posts)Not giving up info they already have? That makes it sound more like theyre looking to make a crime than find one thats already been committed, and it doesnt even put Trump on the hook, just someone from the accounting firm.
cstanleytech
(26,236 posts)a legally obtained warrant demands they do.
If they fail to do that and get caught at it the onus is completely on them.
hughee99
(16,113 posts)To test the accounting firm? If the goal is to actually get the information, there would seem to be more reliable ways get it (from the state department of revenue and the IRS).
cstanleytech
(26,236 posts)really dig into their books even deeper.
hughee99
(16,113 posts)Its to make one. If they had the goods on Trump, this wouldnt be necessary, so dont be overly optimistic that the tax records themselves are going to reveal anything of real value.
cstanleytech
(26,236 posts)forced by the government to lie nor are they being entrapped to commit a crime.
hughee99
(16,113 posts)get access to them, great. It's an encouraging sign that they are moving forward on proving a crime that they've found.
If they're trying to get access to trump's taxes because they're hoping his accounting firm will try to pull a fast one, so they can get some leverage, so they can see if they can find proof of some crime they may not be aware of yet, then it sounds like a fishing operation. If that's the case, I'm not optimistic they're going to get anywhere close to Trump with this.
cstanleytech
(26,236 posts)The other is the state might simply not have all the records anymore thus need them to proceed with the investigation.
dflprincess
(28,072 posts)tclambert
(11,084 posts)Seems like they'd be done with the oldest ones.
Not really relevant, though, since the returns being under audit has nothing to do with turning them over to prosecutors. somebody needs to threaten the accountants with jail time if they don't turn them over.
PhoenixDem
(581 posts)because any motion to quash the subpoena will be heard by a NY State Judge, most of whom are appointed by Democrats.