Trump’s lawyers are in talks with the IRS to resolve president’s $10B lawsuit
Trump and his sons seek time to negotiate a settlement as the case centers on leaked tax records and alleged financial harm, court filings say.
- The $10 billion lawsuit, filed by the president, his adult sons, and the Trump Organization, stems from the 2019 and 2020 leaks of his private tax records by former IRS contractor Charles Littlejohn, who is currently serving a five-year prison sentence.
- In a joint filing, the legal teams asked for a three-month extension to "explore avenues that could narrow or resolve the issues efficiently," arguing that a settlement would avoid the costs and distractions of "protracted litigation."
- The case presents a unique legal conflict of interest, as the president is effectively suing the executive branch agencies that report to him, while being represented by private counsel against Department of Justice lawyers.
- While the president has previously stated he intends to donate any collected damages to charity, ethics watchdogs have voiced concerns that a settlement involving taxpayer funds could be seen as "collusive" given the administration's influence over the defendants.
79 Articles
79 Articles
Trump, IRS Enter Settlement Talks Over $10 Billion Tax Returns Lawsuit
Settlement talks are underway between President Donald Trump and the IRS over a $10 billion lawsuit Trump filed against the tax collection agency, according to a federal court filing submitted on April 17 in Miami. Trump’s lawyers asked a U.S. district judge to suspend the case for 90 days to allow negotiations to proceed. “The Parties are engaging in discussions and need time to work through how to ensure those discussions can take place produc…
Trump Lawyers, DOJ Discuss Settling $10B IRS Lawsuit
Lawyers for President Trump told a federal court on Friday that they're talking with the Justice Department about a deal to end his $10 billion lawsuit against the Internal Revenue Service and the Treasury Department. In the filing, attorneys for Trump, his sons Eric Trump and Donald Trump Jr., and...
Trump’s lawyers seeking resolution of his $10 billion lawsuit against IRS and Treasury
Lawyers for President Donald Trump are engaged in discussions with the IRS and the Treasury Department in an effort to resolve his $10 billion lawsuit accusing the agencies of an unauthorized leak of his tax information during his first administration.
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