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DOJ's Trump-IRS settlement bans IRS from taking action against Trump over old tax returns

DOJ's Trump-IRS settlement bans IRS from taking action against Trump over old tax returns

Summary

The U.S. Justice Department made a deal with President Donald Trump to stop the IRS from taking any legal action against him or his company regarding his old tax returns. This agreement ends a lawsuit brought by President Trump about this issue.

Key Facts

  • The Justice Department and President Trump reached a settlement.
  • The settlement stops the IRS from making claims based on President Trump’s past tax returns.
  • This settlement resolves a lawsuit filed by President Trump.
  • The IRS is permanently barred from pursuing these tax return issues.
  • The case involved President Trump and his company.
  • The agreement was described as controversial.
  • CBS News reported these details from the Department of Justice.
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