New York prosecutors have handed over Trump’s tax papers

Prosecutors will, among other things, investigate whether the Trump Organization manipulated the valuation of its properties.

Following a lengthy tug-of-war, New York District Attorney Manhattan Cy Vance has been handed the tax documents of former President Donald Trump.

These are tax returns, cooperation agreements and other documents from the period from January 2011 to August 2019.

A spokesman for the prosecutor’s office said in a statement that several American media outlets on Thursday, including CNN.

For almost a year and a half, Trump and his lawyers have been trying to prevent the documents from being handed over.

Cy Vance investigates Trump and his company Trump Organization for possible tax evasion and fraud.

The prosecutor is believed to be particularly focused on the values ​​that the company has disclosed on a number of properties.

Cy Vance is trying to determine whether the Trump company has given the authorities a lower value on its properties in order to obtain lower taxes.

At the same time, the company may have disclosed a higher value of the properties to banks in order to obtain better loan terms.

The prosecutor received the documents on Monday, a spokesman said. It happened shortly after the U.S. Supreme Court rejected Trump’s last attempt to keep tax information out of Cy Vance’s hands.

The documents will not be made public.

Among the documents are also various forms of communication that can help to shed light on the decisions behind valuations and tax deductions.

It can be crucial to find out if there was an intention to commit a crime.

The prosecutor in Manhattan will review the documents before a decision is made on whether to call witnesses in the case, say sources with knowledge of the investigation, according to CNN.

/ ritzau /

Source: – Nyheder – Alle artikler by

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