Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Trump's tax returns dating back to 2011 subpoenaed by prosecutors probing hush money payments to Stormy Daniels

Mr Trump is also fighting subpoenas for his financial records filed by congressional Democrats

Clark Mindock
New York
Monday 16 September 2019 11:00 EDT
Comments
Former Donald Trump lawyer Michael Cohen leaves court after being sentenced to three years in prison

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

New York state prosecutors in Manhattan have subpoenaed eight years of Donald Trump's personal and corporate tax returns, according to a new report from the New York Times.

The subpoena was issued late last month, after investigators opened up a criminal inquiry into the role that Mr Trump and his family had in making hush payments in the run up to the 2016 election.

The effort to compel Mr Trump's accountants to hand over those documents marks the latest effort to obtain the president's financial information, which he promised to disclose during his presidential campaign, but has not yet done.

Since Mr Trump's election, it has been discovered that Mr Trump's personal lawyer, Michael Cohen, was reimbursed after making payments to adult film actress Stormy Daniels, who alleged she had sex with Mr Trump over a decade ago shortly after first lady Melania Trump gave birth to their child Barron. Mr Trump has denied the affair.

Cohen pleaded guilty last year to breaking campaign finance laws for his involvement in that payment, and is serving a three year prison term.

The investigation by the Manhattan district attorney, Cy Vance, has so far been said to be focusing on that $130,000 payment to Ms Daniels, and it is unclear if the larger scope of the reported subpoenas mean that the investigation is widening.

Federal prosecutors who put Cohen in jail said that their investigation had ended, but Mr Vance is working to determine if state laws had also been broken.

The efforts in Manhattan come after Democrats in Congress have pushed aggressively to obtain Mr Trump's financial records, which every modern president before him had voluntarily disclosed.

Support free-thinking journalism and attend Independent events

Those congressional efforts have included subpoenaing the US Treasury Department for six years' worth of Mr Trump's tax forms, in addition to subpoenas for Mr Trump's records as they relate to Deutsche Bank, Capital One, and Mazars USA.

It is unclear if it will be more difficult for Mr Trump and his team to fight this latest subpoena, as it plays out before grand juries further from his purview. It is also unclear if the Trump Organisation might work with prosecutors to narrow the investigation in exchange for cooperation.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in