President Trump, Family, and Businesses Shielded from Pending Tax Audits as Part of DOJ Settlement
Summary
President Trump, his family, and his businesses have been shielded from all pending tax audits as part of a settlement reached with the Department of Justice. The more than $1.7 billion agreement only covers "existing audits, not future," according to a DOJ official. As is customary in settlements, both sides have executed waivers of a variety of claims that were or could have been brought. The official noted that there would be little point in settling several significant claims if either party could simply turn around and seek to initiate more adverse claims that could have been pursued previously.
(Source:Headtopics)