The Limited Times

Now you can see non-English news...

Despite avoiding the Senate conviction, Trump has been blown away by several lawsuits

2021-02-24T18:16:40.749Z


Washington - SANA despite surviving conviction on charges Washington-SANA Although he escaped the conviction for "inciting violence" in the Senate, former US President Donald Trump faces other problems that are no less serious. The accumulated lawsuits against him over the past years are many, chief among them tax evasion and fraudulent commercial records. Trump, who during his trial in the Senate obtained clear support from Republicans in his party, w


Washington-SANA

Although he escaped the conviction for "inciting violence" in the Senate, former US President Donald Trump faces other problems that are no less serious. The accumulated lawsuits against him over the past years are many, chief among them tax evasion and fraudulent commercial records.

Trump, who during his trial in the Senate obtained clear support from Republicans in his party, which hindered the move aimed at isolating him and preventing him from assuming any subsequent federal posts or running again for the US presidency, clashed, according to ABC News, with the Supreme Court’s decision to disclose the secrecy of his records. The special tax period begins after the White House for him and faces the legal consequences of the pending cases against him.

The network indicated in a report that the Manhattan District Attorney in New York, Cyrus Vance, sought for a year and a half to gain access to Trump's tax records, and thanks to the recent Supreme Court decision, he will obtain them soon, providing investigators with new opportunities and tools to decide whether the former US president lied about Tax officials before or after taking office.

Trump has over the years made exceptional attempts, using his position more often to prevent the public from publishing his tax records, but these are not the only valuable documents included in the Supreme Court decision. The accounting firm Mazars USA is supposed to deliver the final versions of his tax returns in addition to copies. Draft those returns and all financial position statements, annual statements, periodic financial reports, and independent auditors' reports that you keep.

Examining these documents could be essential in determining whether Trump or his companies gave tax authorities false information about his income that differed from that which they provided to other officials such as banks and business partners.

The New York Times revealed late last year that Trump had paid only $ 750 in income taxes in the first year of his presidency and had not paid income taxes in ten of the last 15 years.

The newspaper indicated that Trump was able to reduce his tax bill by reporting heavy losses to his business empire, noting that he reported losses of $ 47.4 million in 2018, although he stated in a financial statement that year that he had achieved an income of at least $ 434.9 million.

Trump's tax evasion is added to other issues facing the former US president, including the criminal investigation of his attempt to influence the results of the voting in the presidential elections in Georgia. Although he managed to evade the conviction in the Senate after inciting his supporters to storm Congress on the sixth of last January, his attention Now it turns to a growing list of legal troubles.

Source: sena

All news articles on 2021-02-24

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.