The US Supreme Court has rejected Donald Trump’s plea to block the release of his tax returns to a congressional committee, a news report has claimed. The court rejected his bid in October to block a lower court’s ruling that granted the panel’s request for his financial records.
The move is a blow to Mr Trump, who has for years kept his returns sealed.
The decision means the US treasury department can deliver the tax returns from 2015-20 for Mr Trump and some of his businesses to the Democratic-controlled committee.
It comes just before the Republicans take control of the House after this month’s midterm elections.
Mr Trump became the first president in 40 years not to release his taxes after announcing his first presidential run.
The House of Representatives Ways and Means Committee has been seeking access to his records since 2019.
Mr Trump, who launched his third campaign for the White House last week, is facing several investigations related to his business practices.
However, he denies any wrongdoing.
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He has fought to keep the files secret, appealing to the Supreme Court last month after a lower court declined to reverse its ruling ordering the release of the documents to Congress.
Last month, the court refused to intervene in the legal battle over classified government documents seized by the FBI in a search of his Florida home in August.
In January, it declined to block the National Archives from turning over documents to the House committee investigating the January riot last year, when Trump supporters stormed the US Capitol.
Democrats have called for Trump to release his tax returns since the 2016 presidential election. Although not required by law, it has become customary for Presidents of both parties to disclose their full financial information.
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Mr Trump was the first President to break with this tradition and has fought to keep details of his personal wealth and business affairs secret.
Reports suggested that Trump paid little or no tax in some years, applied for massive tax refunds and inflated his wealth.
Former Trump associates claimed his business had secured loans from foreign countries, including Russia.
In October, the court refused to weigh in on the legal fight over the FBI search of Mr Trump’s Mar-a-Lago home.
Agents served a warrant at the estate in August on suspicion that the former President improperly handled classified documents.
In January, the court refused to act to stop the National Archives from handing over documents to the committee investigating the 6 January 2021 riot by Trump supporters at the US Capitol.
Mr Trump has rejected the Ways and Means Committee’s hunt for his taxes as politically motivated.