VICKI MILES-LAGRANGE, Chief District Judge.
Before the Court is plaintiffs' Motion to Compel Landon Speed, Todd Baker and Baker Petroleum and Investments, Inc. to Produce Tax Returns, filed July 22, 2015. On August 3, 2015, defendants Landon Speed, Todd Baker, and Baker Petroleum and Investments, Inc. ("Defendants") filed their response, and on August 7, 2015, plaintiffs filed their reply. Based upon the parties' submissions, the Court makes its determination.
Plaintiffs move the Court for an order compelling Defendants to turn over their personal and business tax returns. Plaintiffs assert they need these tax returns in order to trace where the profits from three large transfers of cash — one for $641,250, one for $855,000, and one for $172,125 — went.
"Tax returns do not enjoy an absolute privilege from discovery." Biliske v. Am. Live Stock Ins. Co., 73 F.R.D. 124, 126 n.1 (W.D. Okla. 1977). However, "[t]he Court recognizes that a public policy against the unnecessary public disclosure of tax returns indicates that a Court should not require the production of tax returns where the information sought is readily obtainable by other means or from other sources." Id. (citations omitted).
In their response, Defendants assert that in April of 2013, they provided plaintiffs with the documents they need to determine how revenue received from defendant Baker Petroleum and Investments, Inc.'s sale of leases in southwest Oklahoma was spent and distributed. Specifically, Defendants assert they have produced unredacted copies of bank records, and that the records contained every statement as well as copies of every check and every deposit slip for each account. Further, Defendants assert that records for the Key Largo
Having carefully reviewed the parties' submissions, the Court finds that Defendants should not be compelled to produce their personal and business tax returns. Specifically, the Court finds that the information sought through the tax returns is readily obtainable by other means and/or from other sources. In fact, the unredacted bank records that have already been produced to plaintiffs contain the information plaintiffs would need to determine Defendants' "profits" and/or how revenue was spent and distributed.
Accordingly, the Court DENIES plaintiffs' Motion to Compel Landon Speed, Todd Baker and Baker Petroleum and Investments, Inc. to Produce Tax Returns [docket no. 628].