Nov 9, 2019

Trump intends to take tax return fight to Supreme Court

President Trump at a Georgia rally on Nov. 8, in Atlanta, Georgia. Photo: Brendan Smialowski/AFP via Getty Images

President Trump's lawyers intend to petition the U.S. Supreme Court by Nov. 14 to review a lower court ruling requiring the president to turn over eight years of his tax returns to a state grand jury, according to a letter written Friday.

Why it matters: This case would mark the first time the Supreme Court makes a decision on Trump's legal argument — that he is immune from criminal investigation while in office — and could "produce a major statement on the limits of presidential power," the New York Times reports.

Details: The Second Circuit Court of Appeals, which said on Monday that Trump must turn over his tax returns, dodged Trump's legal arguments that he is exempt from criminal investigations while in the White House. Instead, the court stated the president’s accounting firm is being subpoenaed for the documents — rather than Trump himself.

  • Manhattan District Attorney Cyrus Vance subpoenaed Trump's tax returns as part of an investigation into hush-money payments allegedly made to Stormy Daniels by by the Trump Organization during the 2016 election.

Background: Trump has filed at least three lawsuits to block the release of his tax returns. The president, his family and his company also filed a lawsuit against Deutsche Bank to block the bank from complying with congressional subpoenas for their business records.

Read the letter from Trump's lawyers:

Go deeper: Appeals court rules against Trump on his tax returns

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Trump asks Supreme Court to block subpoena for tax returns

Photo: Steven Ferdman/WireImage

President Trump on Thursday filed a petition asking the Supreme Court to reverse a lower court ruling compelling his longtime accounting firm Mazars USA to turn over his tax returns to the Manhattan district attorney.

Why it matters: The request, which was expected, marks a significant escalation of the president's fight to stop prosecutors and Congress from obtaining his financial records — one that will test the limits of Trump's argument that he is immune from criminal investigation while in office.

Go deeperArrowNov 14, 2019

Trump asks the Supreme Court to protect his financial records from Congress

Photo: Mark Wilson / Staff

President Trump's private lawyers asked Chief Justice John Roberts on Friday to stay an appeals court decision giving the House Oversight and Reform Committee the OK to subpoena the president's personal and business financial records.

The big picture: The request comes a day after Trump asked the Supreme Court to keep his longtime accounting firm, Mazars USA, from turning over his tax returns to the Manhattan district attorney. Trump has filed at least three lawsuits to block the release of his tax returns.

Go deeperArrowNov 15, 2019

Appeals court orders Trump's banks to turn financial records over to Congress

Photo: Chip Somodevilla/Getty Images

The Second Circuit Court of Appeals ruled on Tuesday that Deutsche Bank and Capital One must comply with a congressional subpoena for President Trump, his children and his company's financial records.

The backdrop: Trump filed an appeal in August after a New York district judge declined to block the subpoenas, which were issued by the House Intelligence and Financial Services committees in April as part of an investigation into foreign influence. Deutsche Bank said in a letter in October that while it has some of the records sought by the House, it is not in possession of the president's tax returns.

Go deeperArrowUpdated Dec 3, 2019