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Friday 2 December 2022 - 03:17

US House Panel Gets Access to Trump's Tax Returns after Long Legal Battle

Story Code : 1028023
US House Panel Gets Access to Trump
"Treasury has complied with last week's court decision," a Treasury Department spokesperson said in an emailed statement late on Wednesday. The spokesperson declined to say whether the committee had yet accessed the documents. The development was reported earlier by CNN.
 
The Ways and Means Committee obtained the tax returns following a Supreme Court decision clearing their release. It has been seeking the returns spanning 2015 through 2020, which it says it needs to establish whether the Internal Revenue Service is properly auditing presidential returns and whether new legislation is needed.
 
Trump, who on Nov. 15 began his third consecutive run for the presidency, fought the committee tooth and nail to avoid releasing them.
 
He was the first president in four decades not to release his tax returns as he sought to keep secret the details of his wealth and the activities of his real estate company, the Trump Organization. It had long been customary, though not required, for major party presidential candidates to release their returns.
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