Former US President: Trump conceded defeat in the dispute over tax documents

Former US President: Trump conceded defeat in the dispute over tax documents

For years, the ex-US President has vehemently refused to release his tax documents. A court decision has now put a damper on Trump. But he still has one option.

An appeals court has cleared the way for the release of former US President Donald Trump’s tax records to a House committee. The District of Columbia Circuit Court of Appeals finally denied a request by the ex-president on Thursday.

The decision means Trump must release his tax positions to the committee. However, it is believed that Trump’s lawyers will now try to appeal to the country’s Supreme Court.

The ex-president has been resisting the release of his tax documents for years. The Treasury Department of Trump’s successor Joe Biden’s administration instructed the IRS last year to hand over the documents to the committee. Contrary to political practice in the United States, real estate entrepreneur Trump did not make his tax return public either as a presidential candidate or after moving into the White House. Critics therefore suspect that he has something to hide.

The appeals court had already rejected Trump’s application in August, thereby upholding the decision of a lower court. The ex-president then requested a re-examination, which has now also been rejected. Trump is struggling with a number of legal problems. In addition to the dispute over the removal of secret government documents, several lawsuits are pending against him.

Source: Stern

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts

The Bank of America rules

The Bank of America rules

In a recent report, Bank of America said the US economy maintains its solidity thanks to consumption and sustained inflation in goods, so it does