A New York prosecutor has obtained copies of Donald Trump’s tax records after the Supreme Court this week rejected the former president’s latest effort to prevent his surrender.
The Manhattan district attorney’s office served a subpoena on Trump’s accounting firm within hours of the Supreme Court ruling on Monday and now has the documents in hand, an office spokesman, Danny Frost, said Thursday. .
Prosecutor Cyrus R. Vance Jr. had been fighting for a year and a half to access Trump’s tax records for a criminal grand jury investigation into his dealings. The documents are protected by grand jury secrecy rules and are not expected to be made public.
Vance, a Democrat, conducts an extensive investigation that includes an examination of whether Trump or his companies lied about the value of assets in order to obtain favorable loan terms and tax benefits.
The district attorney is also examining silent money payments paid to women on behalf of Trump.
Vance’s office issued a subpoena to Trump’s accounting firm, Mazars USA, in August 2019, seeking eight years of his tax returns and related documents.
Trump’s lawyers immediately went to court to block his execution, first arguing that he was immune from investigation while he was president.
When the Supreme Court rejected that argument 7-2 last July, Trump’s attorneys went back to a lower court and argued that the subpoena had been issued in bad faith, was too broad, could have been politically motivated, and amounted to to harassment. An appeal court rejected that argument and on Monday the Supreme Court refused to intervene.
In a three-word statement following the Supreme Court ruling on Monday, Vance said only: “The work continues.”
Trump has called the Vance investigation “a fishing expedition” and “a continuation of the witch hunt, the greatest witch hunt in history.”
Vance is leading the investigation along with his general counsel, Carey Dunne, who presented arguments on behalf of the office at various appellate court hearings. Vance recently hired former anti-mob prosecutor Mark Pomerantz as a special assistant district attorney to assist in the investigation.
Vance, whose term expires at the end of the year, has not announced whether he will run for re-election, leaving questions about who will lead any Trump-related processes in the future.
Vance’s subpoena sought from Mazars USA not only the final versions of Trump’s tax returns, but also the drafts of those returns and “any and all financial statements, annual statements, periodic financial reports, and tax reports. independent auditors “held by the company.
Mazars did not object to the subpoena and, in a statement at the time, said it would “respect the legal process and fully comply with its legal obligations.”
The Mazars subpoena also sought compromise agreements that define the role of accountants in creating tax returns and financial statements; source documents that provide accountants with raw financial data; and working documents and communications between the company and Trump representatives.
This would include communications showing how the raw data was analyzed and treated in the preparation of the records.
The New York Times separately obtained years of Trump’s tax data and published stories last year detailing some of his finances, including that he paid only $ 750 in federal income taxes in 2017 and no income taxes on 11 of the 18. years due to large losses.