House Chairman Richard Neal asks IRS for 6 years of President's Tax Returns
IndraStra Global

House Chairman Richard Neal asks IRS for 6 years of President's Tax Returns

By IndraStra Global News Team

House Chairman Richard Neal asks IRS for 6 years of President's Tax Returns

On April 3, 2019, House Ways and Means Committee chairman Richard Neal (Representative, D-MA 1st District) sent a letter to Internal Revenue Service (IRS) commissioner Charles Rettig. In which, he invoked a provision of the Internal Revenue Code 6103(f) [that empowers congressional committees to obtain tax returns] and requested six years of President Donald Trump's personal tax returns and the returns for some of his businesses for the years 2013-2018. Earlier, President Trump has stubbornly refused to share his tax returns during the 2016 presidential race and since then Democrats were him, and now a key congressman has finally put in a formal request with the IRS.

Federal tax returns details have been asked for the following entities;

  • Donald J. Trump Revocable Trust
  • DJT Holdings LLC
  • DJT Holdings Managing Member LLC
  • DTTM Operations LLC
  • DTTM Operations Managing Member Corp.
  • LFB Acquisition Member Corp.
  • LFB Acquisition LLC
  • Lamington Farm Club LLC d/b/a/ Trump National Golf Club - Bedminster

According to Neal, his letter is nothing but a legislative oversight duty to ensure the IRS was doing its routine function of auditing every sitting president and vice-president's tax returns. "We have completed the necessary groundwork for a request of this magnitude and I am certain we are within our legitimate legislative, legal, and oversight rights," he said in a statement about the request. He further added, "This request is about policy, not politics."

The deadline to respond to this request is April 10, 2019. But, the IRS did not make any public comment yet.