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President Donald Trump (left) can get another round of heartburn: Deutsche Bank told a federal appeals court on Tuesday that it has a number of unspecified tax documents that are covered by a summons from the Democratic Congress that filed its income tax return and that of three of his adult children

Deutsche Bank does have tax returns aimed at Democrats who want Trump & # 39; s: Bank tells court that it can partially meet the demand for Donald Trump, his children and the administration of his companies – but won't say which

  • Deutsche Bank has lent hundreds of millions to Trump companies
  • House democrats summoned the German financial giant for Trump's tax return and that of his children and businesses
  • President's lawyers complained to stop the disclosures, but lost and are now attractive
  • The judges of the court of appeal asked the bank on Friday if it had one of the documents that the Democrats demanded; lawyers said they would only answer under seal
  • They wrote on Tuesday that they had some tax documents that were subject to the subpoena, but editors did not let them know who they were
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Deutsche Bank AG announced on Tuesday that some of the financial data in its possession relating to Donald Trump's long-term accounts include income tax returns – but asked a federal judge to know exactly who they are.

The president has broken the tradition and refused to publish his tax documents, asking Democrats in at least three congressional commissions to demand them from sources both inside and outside the federal government.

Trump's long-term business relationship with the German financial giant made it an important target for the House Intelligence and Financial Services Committees, which issued subpoenas in April. Those demands related to the president and his children Donald Trump Jr., Ivanka Trump and Eric Trump.

In a letter to a judge in the 2nd US Circuit Court of Appeals on Tuesday, the bank revealed that if it meets the requirements of congressional democrats, it must hand over unspecified tax returns.

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Trump, his children and his companies are prosecuting to block that summons. A federal judge took the side of Congress in May and the case is on appeal – only the last step of a ladder that is likely to end with the Supreme Court.

President Donald Trump (left) would be in a new round of heartburn: Deutsche Bank told a federal court of appeal Tuesday that it has a number of unspecified tax documents that are covered by a summons from the Democratic Congress that was aimed at his income tax returns and those of three of his adult children

President Donald Trump (left) would be in a new round of heartburn: Deutsche Bank told a federal appeals court on Tuesday that it has a number of unspecified tax documents that are covered by a summons from the Democratic Congress that was aimed at his income tax returns and those of three of his adult children

It remains unclear whose tax returns Deutsche Bank has; the relevant names have been taken from a copy of the court filing released to the public

It remains unclear whose tax returns Deutsche Bank has; the relevant names have been taken from a copy of the court filing released to the public

It remains unclear whose tax returns Deutsche Bank has; the relevant names have been taken from a copy of the court filing released to the public

It remains unclear whose tax returns Deutsche Bank has. The relevant names have been taken from a copy of the legal submission released to the public.

Federal appeal judge Jon Newman asked Deutsche Bank lawyer Raphael Prober during a hearing on Friday: & Does the bank have the tax return? & # 39;

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& # 39; Unfortunately, that is not a question that we can answer & # 39 ;, Prober told the panel of three judges.

Judge Peter Hall finally got frustrated in sarcasm: & # 39; If we want an answer to that question, we have to go to court and look for an order? & # 39;

Deutsche Bank and Capitol One both agreed to provide the information in writing and under seal.

Battles continue to rage about Trump & # 39; s tax paper along various parallel tracks. In addition to the 2nd circuit battle, Democrats who lead the House Ways and Means Committee demanded the President's tax return and the tax authorities from the Treasury Department.

And a court has given the green light for a separate summons from the Home Supervision Committee, which is looking for documents from Trump & # 39; s accounting firm Mazars Group.

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Trump & # 39; s financial announcements in 2017 revealed that he and his real estate company empire owed Deutsche Bank at least $ 130 million in outstanding debts.

The writ of summons looks for records of accounts, transactions, and investments associated with Trump and his three mentioned children, plus their immediate family members and various business units of the Trump organization, including records of possible links with foreign entities.

Deutsche Bank said in Tuesday's submission that it also had tax returns for people who & # 39; immediate family & # 39; can form & # 39; as defined by the summons, without giving names.

A Trumps lawyer insisted on the 2nd Circuit last week to block the bank from transferring the archives, and said Congress did not have the authority to demand them. The court has not yet ruled on the case.

The Trumps also try to block a separate subpoena served by the Financial Services Committee on Capital One, looking for archives related to the hotel activities of the Trump organization.

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Capital One said in a court on Tuesday that it did not have a tax return regarding the subpoena.

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