{"id":134042,"date":"2021-07-31T19:31:56","date_gmt":"2021-07-31T19:31:56","guid":{"rendered":"https:\/\/precoinnews.com\/?p=134042"},"modified":"2021-07-31T19:31:56","modified_gmt":"2021-07-31T19:31:56","slug":"judge-gives-trump-time-to-challenge-tax-return-disclosure-to-congress","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/politics\/judge-gives-trump-time-to-challenge-tax-return-disclosure-to-congress\/","title":{"rendered":"Judge gives Trump time to challenge tax return disclosure to Congress"},"content":{"rendered":"<ul>\n<li>A federal judge is giving former President\u00a0Donald Trump\u00a0time to challenge an order that would force the IRS to surrender his tax returns to Congress.<\/li>\n<li>Trump and his lawyers have until Wednesday to respond.<\/li>\n<li>Neither Trump nor his lawyers have said if they will challenge Friday&#x27;s order.<\/li>\n<\/ul>\n<p>WASHINGTON \u2013 A federal judge is giving former President\u00a0Donald Trump\u00a0time to challenge a Department of Justice order that said the IRS must surrender his income tax returns to Congress.<\/p>\n<p>U.S. District Court Judge for the District of Columbia Trevor McFadden said that Trump and his lawyers have until Wednesday to issue a response.<\/p>\n<p>Neither Trump nor his lawyers have said if they will challenge Friday&#x27;s order. <\/p>\n<p>On Friday, the\u00a0Department of Justice said that the former president&#x27;s tax returns must be released by the IRS to Congress, a reversal from its position held during the Trump administration.<\/p>\n<p>The DOJ&#x27;s Office of Legal Counsel said in a 39-page opinion that the Democratic-led House Ways and Means Committee had made a request with a legitimate legislative purpose to see Trump&#x27;s tax returns, with a stated objective of assessing how the IRS audits presidents&#x27; tax returns.<\/p>\n<p>Trump&#x27;s lawyers did not immediately respond to CNBC&#x27;s request for comment.<\/p>\n<p>Friday&#x27;s decision comes more than a year after the U.S. Supreme Court said that Trump&#x27;s tax returns had to be turned over by his longtime accountants to Manhattan District Attorney Cyrus Vance Jr.,\u00a0because of a subpoena issued as part of criminal probe.<\/p>\n<p>In July, the Trump Organization and its chief financial officer Allen Weisselberg were charged by Vance with crimes related to a &quot;sweeping and audacious&quot; scheme since 2005 to avoid the payment of taxes on compensation.<\/p>\n<p>Trump, who broke decades of precedent set by candidates and former presidents by refusing\u00a0to release his income tax returns, repeatedly said that his filings were under audit by the IRS.<\/p>\n<p>However, taxpayers are allowed to release their returns to the public while under audit.<\/p>\n<p><em>\u2014CNBC&#x27;s <\/em><em>Dan Mangan<\/em><em> and <\/em><em>Kevin Breuninger<\/em><em> contributed to this report from New York.<\/em><\/p>\n<p>Source: <a href=\"https:\/\/www.cnbc.com\/2021\/07\/31\/judge-gives-trump-time-to-challenge-tax-return-disclosure-to-congress.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A federal judge is giving former President\u00a0Donald<\/p>\n","protected":false},"author":3,"featured_media":134041,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23055],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - 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