With less than two months before the presidential elections, Republican presidential nominee Donald Trump has not released any of his tax returns.
It has been 15 months since the billionaire mogul began his presidential campaign.
However, according to the Internal Revenue Code, President Barack Obama has the authority to order the release of Trump’s tax returns.
As noted in Section 6103g of the Internal Revenue Code:
“Upon written request by the President, signed by him personally, the Secretary shall furnish to the President, or to such employee or employees of the White House Office as the President may designate by name in such request, a return or return information with respect to any taxpayer named in such request. Any such request shall state—
(A) The name and address of the taxpayer whose return or return information is to be disclosed,
(B) The kind of return or return information which is to be disclosed,
(C) The taxable period or periods covered by such return or return information, and
(D) The specific reason why the inspection or disclosure is requested.”
However, White House Press Secretary Josh Earnest said he was not aware of such a provision but added that he doubts Obama would use the authority to order Trump’s tax returns.
“I’ve not heard of this potential option. I think it is rather unlikely that the president would order something like that,” Earnest said, as reported by Politico.
Also read: Donald Trump Tax Plan – A Meringue For All
Meanwhile, as reported by TribLive.com, Trump Organization’s executive vice president Donald Trump Jr. said the members of the organization will not pose any kind of interference in the administration of his father – should he become president – and will not have any direct business links with foreign governments.
Trump Jr. was also asked about the issue of his father not releasing his tax returns. “[Trump has] got a 12,000-page tax return that would create … financial auditors out of every person in the country asking questions that would distract from (his father’s) main message,” Trump Jr. said.
According to a recent survey by Connecticut’s Quinnipiac University revealed that Democratic presidential nominee Hillary Clinton was ahead of Trump among likely Pennsylvania voters by a margin of 5 percent.