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The US Justice Department bans review of old tax returns of Trump and his family

Author:
Anastasiia Zaikova
Date:

The administration of the US President Donald Trump has reached an agreement with the US Internal Revenue Service (IRS) that effectively prohibits the audit of tax returns of Trump and his family members for past years.

This is reported by CNN.

The decision was made to settle Trumpʼs lawsuit against IRS, which the president accused of leaking his tax returns to the media during his first term in 2016. He and his family later sought $10 billion in damages.

On Monday, May 18, the US Department of Justice announced the creation of a $1.8 billion fund. The money is to be paid to Trump supporters who claimed that they were illegally persecuted under the previous government. Trump himself will not be given any money — only a formal apology for the leak.

It is expected that payments may also be received by Trump supporters who stormed the Capitol in Washington on January 6, 2021, after Joe Biden won the election. Five people died in the riots, including a police officer.

The Justice Department later released another document, signed by Acting Attorney General Todd Blanch, stating that the US government will no longer have the right to pursue tax claims against Trump and his family for past years. However, this does not apply to future returns.

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