|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | USA

Supreme Court Rejects Trump’s Attempt to Keep Tax Returns Hidden

WASHINGTON – The US Supreme Court rejected on Monday former President Donald Trump’s refusal to turn over some of his tax returns to the New York grand jury examining whether he broke the law by having his 2016 presidential campaign make secret payments to porn actress Stormy Daniels.

The high court thus cleared the way for the New York district attorney in Manhattan, Cyrus Vance, to obtain a number of years of Trump’s tax returns, dealing a harsh legal blow to the ex-president, who always has strongly opposed being required to hand over his tax records to any court.

However, the documents will not become public knowledge since, according to the Supreme Court ruling, tax returns are subject to the grand jury secrecy rules that prevent their release outside the court.

Vance is investigating whether the Trump campaign’s secret payments to Daniels – to prevent her from going public with details about an alleged sexual relationship she had with the mogul – broke New York state law.

Trump has adamantly refused to provide the financial documents, claiming that the order demanding them is too broad, was issued in “bad faith” and amounts to political “harassment” by Vance, who is a registered Democrat.

The Manhattan district attorney is demanding that Trump provide eight years of his tax returns and other documents as part of his investigation of the secret payments to the porn star.

In addition, Vance is studying whether the former president committed other potential crimes, including bank and securities fraud, as he suggested months ago in court documents.

Last July, the high court rejected Trump’s attempts to declare that he was immune to such requests given that he was president at that time, and it ruled that, as president, he did not have any right to different treatment than regular citizens.

Besides Vance’s probe, Trump is the target of another judicial investigation in New York state for possibly hiding or lying about the true value of his assets to obtain loans and tax exemptions.

This other case is being pursued by New York Attorney General Letitia James, who is investigating whether Trump inflated the value of some of his real estate holdings in the state to obtain bank loans and whether he also falsified financial statements and records to obtain tax breaks.

Among the other cases involving Trump that are currently being pursued is one regarding a gigantic mansion belonging to the Trump family in upper New York state’s Westchester County on which they received generous tax breaks after arguing that the property was devoted to nature preservation, something that the family could have also claimed for other failed development projects.

Both cases could complicate Trump’s post-administration legal problems. His presidential term ended on Jan. 20.

 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2021 © All rights reserved