Tax fraud: Donald Trump and his children on civil trial in October 2023 in New York

Judge Arthur Engoron, of the Supreme Court of the State of New York, has set October 2, 2023, 13 months before the presidential election of 2024, the civil trial of Donald Trump and three of his children (Donald Trump Jr, Eric Trump and Ivanka Trump). They are accused of fraudulent tax practices within the Trump Organization.

Read also: These various legal and tax cases that overwhelm Donald Trump

In this case, New York State Attorney General Letitia James accuses the Republican billionaire and his children of having “deliberately” manipulated the valuations of the group’s assets – which includes golf clubs, luxury hotels and d other properties – to get better loans from banks or reduce taxes. She claims 250 million dollars in damages on behalf of the state, as well as prohibitions to run companies for the ex-president and his relatives.

A special prosecutor appointed

Donald Trump, who officially announced last week that he is a presidential candidate for 2024, is the subject of several legal proceedings, but he is not yet the subject of any charges.

On this point: An independent prosecutor to oversee two investigations into Donald Trump

Three days after this declaration of candidacy, the Minister of Justice Merrick Garland had announced the appointment of a special prosecutor, Jack Smith, to take over two ongoing investigations of the American justice: one on the efforts of Donald Trump to change the results of the 2020 presidential election, the other on the management of the White House archives.

This special prosecutor will be responsible for saying whether to charge Donald Trump in one of these two cases, but it will be up to the minister to decide.

Transfer of Trump’s tax returns authorized

On Tuesday, the United States Supreme Court also authorized the transfer of the former president’s tax returns, rejecting a final appeal by Donald Trump. A committee of the House of Representatives, in the hands of the Democrats until January, has been demanding for three years the documents transmitted to the tax authorities by the billionaire between 2015 and 2020.

But, unlike all tenants of the White House since the 1970s, Donald Trump has always refused to release his tax returns and fought fiercely in court to block Congress’s request.

The lack of transparency of Donald Trump, who has made his wealth a campaign argument, has fueled speculation for years about the extent of his fortune or potential conflicts of interest. However, it is not certain that the transfer of his tax archives to Congress lifts the veil on the affairs of the septuagenarian.

The commission, which called for these tax returns to develop ethical rules on the affairs of presidents, is not supposed to make them public. In January, Republicans will regain control of the House of Representatives and likely drop that job.

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