Trump tax returns shielded from IRS action under $1.8B DOJ settlement fund

1 min read
Source: CNBC
Trump tax returns shielded from IRS action under $1.8B DOJ settlement fund
Photo: CNBC
TL;DR

An addendum to a $1.8 billion DOJ settlement shields Trump, his family, the Trump Organization and related entities’ federal tax returns from IRS enforcement, applying to filings before the settlement’s effective date; the fund—designated to compensate alleged victims of law-enforcement actions—has drawn fire from Democrats who say it violates federal law prohibiting executive interference with IRS audits, while supporters say the fund serves legitimate purposes and the Trumps dropped related claims in exchange for the financing.

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