Department of Justice statement said it agreed a settlement permanently barring the IRS from examining Trump, his sons Donald Jr. and Eric and Trump Organization units for returns prior to May 18, 2026. in connection with a wider deal tied to a $10 billion suit over tax disclosure leaks, the deal also created a around $2 billion fund described as an anti-weaponization step. Acting Attorney General Todd Blanche declared the update on May 19, 2026, saying the IRS would be stopped from pushing past tax audit claims and related matters through that date.
The move comes after Trump, his sons and family business sued the IRS for $10 billion for failing to properly oversee a contractor who leaked the tax returns of the president.
www.politico.comThe agreement is part of a deal to resolve Trump’s $10 billion lawsuit against the Internal Revenue Service over the leak of his tax returns.
www.inquirer.comTrump's IRS settlement agreement created a nearly $2 billion fund for political allies — and the DOJ is now prohibiting the agency from future tax investigations into his family and businesses
people.comThe Justice Department has permanently barred the Internal Revenue Service from auditing President Trump’s past tax returns, his family members, and his businesses under a one-page settlement addendum signed on Tuesday, May 19, 2026. Acting Attorney General Todd Blanche declared the federal government is “FOREVER BARRED” from pursuing any tax audit claims filed before the…
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