A New York City prosecutor fighting to get U.S. President Donald Trump's tax returns told a judge Monday he was justified in demanding them because of public reports of "extensive and protracted criminal conduct at the Trump Organization." "These reports describe transactions involving individual and corporate actors based in New York County, but whose conduct at times extended beyond New York's borders. This possible criminal activity occurred within the applicable statutes of limitations, particularly if the transactions involved a continuing pattern of conduct," the lawyers said. Trump's legal team has argued that the subpoena for his tax filings was issued in bad faith and amounted to harassment of the president. If the court orders Trump's accounting firm to give his tax returns to the grand jury, they could be used in any criminal inquiry, but would not be released publicly.

Source: CBC News August 04, 2020 12:09 UTC