The release of private tax information, which Mr Trump had fought for years, could lead to more unwelcome scrutiny for the former president as he mounts another White House bid.
Mr Trump, unlike previous presidential candidates, refused to make his tax returns public as he sought to keep secret the details of his wealth and the activities of his real estate company, the Trump Organization.Candidates are not required by law to release their tax returns, but previous presidential hopefuls of both parties have voluntarily done so for several decades.
Democrats on the Ways and Means Committee have said they need to see those records to assess whether the IRS is properly auditing presidential tax returns and to gauge whether new legislation is needed.for sparking the deadly Capitol attack on January 6, 2021. Republicans are expected to dissolve or redirect that panel when they take control of the chamber in January.
Mr Trump, who served as president from 2017 to 2021, reported heavy losses from his business enterprises over several years to offset hundreds of millions of dollars in income, according to news media reporting and trial testimony about his finances.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
House January 6 panel recommends criminal charges against Donald TrumpThe referral marks the first time in US history that Congress has taken such action against a former president
Read more »
Donald Trump: how will prosecutors pursue the House panel’s charges?The justice department may find it difficult to obtain a conviction for each charge referred by the January 6 committee
Read more »
House committee votes to release Donald Trump’s tax returns – liveRecords to be shared with public after committee spends hours in private deliberation
Read more »
January 6 panel urges criminal charges against Donald TrumpA US House Committee has recommended Donald Trump face federal criminal charges for his role in the insurrection at the Capitol. It is the first time Congress has made the recommendation against a former President. apiotrowski9 9News MORE:
Read more »
Donald Trump referred for criminal prosecution over US Capitol attackDonald Trump has become the first former US president to face criminal referrals from a Congressional committee, after a damning probe into last year’s Capitol riot recommended prosecution for insurrection, conspiracy, false statements, and obstruction.
Read more »
Capitol riot committee urges prosecutors to pursue criminal charges against Donald TrumpAfter an 18-month investigation, the panel investigating the US Capitol riot has recommended charging former president Donald Trump with insurrection and obstruction.
Read more »