In August, a district court judge rejected their renewed efforts to overturn a subpoena that Manhattan District Attorney’s Office Cyrus Vance Jr issued to Trump’s accounting firm last year.
Part of Vance’s investigation focuses on an investigation into the earnings of two women, adult movie star and producer Stormy Daniels and model Karen McDougal, to keep them silent during the 2016 presidential campaign over alleged extramarital affairs with Trump in the past. Trump has denied the business.
Vance is seeking more than eight years of the Republican president’s personal and corporate tax records, but has disclosed little which prompted him to request the records.
In a recent court filing, lawyers for Vance said there was reason to demand them because of public reports of “widespread and prolonged criminal conduct within the Trump organization.”
A spokesperson for the DoJ said the ministry was reviewing the decision.
In July, the Supreme Court ruled 7-2 against the president, dismissing Trump’s arguments that he cannot even be investigated, let alone charged with any crime, as long as he is in function.
But the court said Trump can challenge the summons on other grounds, like anyone else who receives a summons.
The likelihood of taxes being released was unlikely to be resolved before the November election, especially as the High Court is reduced to eight judges after the death of Ruth Bader Ginsburg.
And any disclosure would not result in immediate public disclosures, since the grand jury proceedings are secret.
Through his lawyers, Trump argued that the summons was issued in bad faith, may have been politically motivated and amounted to harassment against him, especially since the wording copied the language of subpoenas to Congress.
The lawyers also argued that the search for tax records dating from 2011 was a “fishing expedition” and that the overly broad request should be rejected.
In its decision, the Second Circuit disagreed.
“We believe that none of the President’s allegations, taken together or separately, are sufficient to draw a plausible inference that the subpoena was issued” out of spite or intent to harass, “” the court said. call.
In documents filed with the Second Circuit, Vance’s attorneys cited public reports, including press accounts and testimony in Congress from former Trump personal attorney Michael Cohen, saying it was common for the Trump organization submits forged financial documents when the company applied for loans.
Lawyers for Vance wrote that if Trump and his entities made inaccuracies about commercial properties, wherever they are located, to New York-based business partners, insurers, lenders, or tax authorities, those inaccuracies could establish offenses, including falsification of business records, insurance and tax fraud, and conspiracy to defraud.
Last month, The New York Times reported that it obtained more than two decades of tax return data for Trump and hundreds of his companies.
He said he paid just $ 750 in federal income tax in the year he entered the White House and no income tax in 11 of the 18 years examined.
At the time, Trump called the report “fake news” and claimed to have paid taxes, but provided no details.