Deutsche bank - We don’t have Trump’s tax returns no more

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ormer Deutsche Bank executive who reviewed President Donald Trump's tax returns reportedly said it is "not normal" that the institution no longer holds copies of those records.

Trump for many years relied on Deutsche Bank for loans to sustain his real estate business when many other institutions would not lend to him because of his rocky financial history.

The president is accused by some, including his former attorney Michael Cohen, of manipulating the value of his assets to either secure finance or reduce his tax bill.

He has broken with recent precedent for presidents and refused to release publicly all of his recent tax returns, despite pressure to do so.

Congress is investigating Trump's finances and attempting to get hold of his tax returns from Deutsche. But the bank told the 2nd US Circuit Court of Appeals that it did not hold them.

David Enrich, finance editor at The New York Times, posted to Twitter a screenshot of his conversation with the unnamed executive in which they expressed surprise that Deutsche told a federal appeals court it did not have the president's tax returns anymore.

"Holy f**k," the executive wrote, per the screenshot. "The circumstance could be that they returned any physical copies or destroyed any physical copies under an agreement with a client and cleansed their servers. Not normal though."

Deutsche Bank did not respond immediately to Newsweek's request for comment.

On Monday, a federal judge ruled that Trump's accountant Mazars USA should hand his tax returns and other financial records over to investigators at the Manhattan District Attorney's office.

They are probing the hush payments to porn stars alleging affairs with the president. Trump's lawyers attempted to block the Manhattan DA's subpoena of Mazars for eight years of the president's financial records.

Judge Victor Marrero wrote in his 75-page ruling that the case presented by Trump's attorneys was "repugnant to the nation's governmental structure and constitutional values" for suggesting that the president, his family, businesses, and associates are "above the law."

The IRS is where tax returns go to and are processed, they are who tax returns are for, why tax records and returns exist in the first place. I really have never understood why there is so much intrigue over Trump's tax returns concerning dark secrets they are supposed to contain. Surely if there was something shady about them the IRS would be the first to pick up on it and do something about it.

The IRS is concerned that you file on time and pay any possible taxes your owed and they certainly keep track of this.
But if tax returns are a relevant issue in some other matter,for instance they show you took a bribe or bribed someone else,the IRS would not know that.

What does "hush money payments" have to do with tax forms??

What is an IRS audit then?

Tax forms may indicate a paper trail proving hush money.

And an IRS auditor wouldn't spot that?

Tax forms may indicate a paper trail proving hush money.

If there’s a $143,000 or so payment to Stormy Daniels, this might prove to be a problem for Donald Trump.