What to know about Deutsche Bank’s Trump-related tax returns

The Hill logoHouse Democrats’ efforts to obtain President Trump’s tax returns took a new turn this week, when Deutsche Bank said in a court filing that it has tax returns relevant to subpoenas for financial records of Trump, his children and his businesses.

It’s not clear from the court document exactly what tax returns Deutsche Bank has. But the bank’s assertion — made as part of a court case over House Democrats’ subpoenas for financial records — could be good news for Democrats with an interest in seeing Trump’s returns before the 2020 presidential election.

Democrats have been interested in viewing Trump tax returns since the president broke with decades of precedent during the 2016 election and refused to voluntarily make his taxes public. Trump has said he won’t release his returns while under audit, but the IRS has said that audits don’t prevent people from releasing their own tax information.

View the complete August 30 article by Naomi Jagoda on The Hill website here.