The Limited Times

Now you can see non-English news...

Investigations against ex-US presidents: Trump's tax documents can be examined

2021-02-25T21:10:23.529Z


Donald Trump has long tried to prevent having to reveal his proof of income. But now his tax documents have arrived at the prosecutor's office in New York. Further investigations are ongoing.


Icon: enlarge

Former US President Trump: His tax advisors have submitted his finances to the prosecutor

Photo: 

BRENDAN SMIALOWSKI / AFP

Donald Trump's tax documents are now available to the Manhattan District Attorney after a long legal battle.

The former US president's documents were already received on Monday, spokesman Danny Frost said on request on Thursday and confirmed corresponding media reports.

The highest US court, the Supreme Court in Washington, had rejected Trump's request on Monday to prevent the disclosure of his tax documents to the prosecutor.

Prosecutor Cyrus Vance had requested tax records from the accounting firm Mazars for Trump and his companies for the years 2011 to 2018.

The investigation should include possible hush money payments that Trump's ex-lawyer Michael Cohen is said to have paid the porn star Stormy Daniels and the former playmate Karen McDougal.

Both women claim to have had affairs with Trump, which Trump denies.

Most recently, however, Vance signaled that the investigation is now broader.

The public prosecutor is not alone in his investigation.

New York attorney general Letitia James has also undertaken a number of real estate projects to uncover possible fraud.

According to former Trump attorney Michael Cohen, the businessman Trump used to operate with two different approaches to the presentation of numbers: one by setting the value of his real estate high in order to get loans.

And once, by counting himself poorly for the tax.

During his four-year presidency, there was constant speculation about Trump's ventures.

According to calculations by "Forbes" journalist Dan Alexander, the Trump empire is at least one billion dollars in debt.

The "New York Times" has reconstructed based on several tax returns that Trump is personally liable for over 400 million dollars.

The company is therefore not necessarily over-indebted.

In view of Trump's earlier bankruptcy, those interested in refinancing should not queue up.

Trump has long tried to prevent his accounting firm Mazars and others from releasing his financial and tax records.

Critics therefore speculate that he has something to hide.

The United States has a long history of issuing financial and tax records to high officials.

Trump has always refused to do this.

Icon: The mirror

svs / dpa / Reuters

Source: spiegel

All news articles on 2021-02-25

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.