- Title: Cohen: Trump feared audit if he released tax returns
- Date: 27th February 2019
- Summary: WASHINGTON, D.C., UNITED STATES (FEBRUARY 27, 2019) (UNRESTRICTED POOL) WIDE OF COMMITTEE, LAWMAKER ASKING MICHAEL COHEN THE REAL REASON WHY PRESIDENT TRUMP WOULDN'T RELEASE HIS TAX RETURNS (SOUNDBITE) (English) MICHAEL COHEN, PRESIDENT TRUMP'S FORMER ATTORNEY SAYING: "Statements that he had said to me was that what he didn't want is to have an entire group of think tanks that are tax experts run through his tax return and start ripping it to pieces, and then he'll end up in an audit and he'll ultimately have taxable consequences, penalties and so on." LAWMAKER: "So, that's an interesting point that basically said he didn't want to release his tax returns because he might end up in an audit. Could you presume from that statement that he wasn't under audit?" COHEN: "I presume that he is not under audit." WIDE OF COMMITTEE
- Embargoed: 13th March 2019 22:10
- Keywords: Trump tax returns Cohen hearing testimony Russia White House
- Location: WASHINGTON, D.C., UNITED STATES
- City: WASHINGTON, D.C., UNITED STATES
- Country: USA
- Topics: Government/Politics
- Reuters ID: LVA001A3D0P53
- Aspect Ratio: 16:9
- Story Text:U.S. President Donald Trump's former personal lawyer Michael Cohen said on Wednesday (February 27) that Trump did not want to release his tax returns because he feared public scrutiny would lead to an audit and penalties.
"What he didn't want is to have an entire group of think tanks that are tax experts run through his tax return and start ripping it to pieces, and then he'll end up in an audit and he'll ultimately have taxable consequences, penalties and so on," Cohen told the U.S. House of Representatives Oversight Committee.
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