Appeals court orders Trump’s accounting firm Mazars to hand over his tax returns to New York prosecutors
NEW YORK - President Donald Trump’s longtime accounting firm must hand over eight years of his tax returns to New York prosecutors, a U.S. appeals court ruled Monday, the latest setback for Trump in his tenacious efforts to keep his finances secret.
The 2nd Circuit did not decide whether Trump is immune from being charged with a state crime while in office, as the president has argued. However, it found that even if he is, the immunity could not stop Vance from getting the returns from a third party, or from prosecuting him once he leaves office.
The timing of Monday’s decision means the Supreme Court could probably take up and decide the case in its current term, which ends in June. It could, however, wait until its next term to hear the case, potentially pushing its decision until after Trump goes up for reelection next year. In August, Vance subpoenaed Trump’s personal and corporate tax returns from 2011 to 2018, and other records from Mazars USA, the president’s longtime accounting firm. Trump sued Vance’s office in Manhattan federal court to try to block the subpoena, arguing that as a sitting president, he cannot be subject to criminal investigation.
Katzmann wrote in Monday’s order that the extent of the president’s immunity was irrelevant to the case. More broadly, Trump has also fought efforts by Democrats in Congress and others to obtain information about his finances and a range of other matters.
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