Trump settles $10 billion lawsuit against IRS over leak of his tax returns
President Trump has settled his $10 billion lawsuit against the IRS and Treasury Department regarding the leak of his tax returns. The lawsuit claimed that a government contractor unlawfully disclosed his tax information to media outlets. The settlement is expected to include the establishment of a fund to compensate Trump allies who allege they were targeted by the Biden administration.
- ▪Trump's lawsuit accused the IRS of allowing a contractor to leak his tax returns.
- ▪The lawsuit was filed in January in Miami federal court and included his sons and the Trump Organization as plaintiffs.
- ▪The settlement is anticipated to create a fund exceeding $1.7 billion for Trump allies claiming unlawful targeting.
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Politics Trump settles $10 billion lawsuit against IRS over leak of his tax returns By Jacob Rosen Jacob Rosen Justice Department Reporter Jake Rosen is a reporter covering the Department of Justice. He was previously a campaign digital reporter covering President Trump's 2024 campaign and also served as an associate producer for "Face the Nation with Margaret Brennan." Read Full Bio Jacob Rosen May 18, 2026 / 10:13 AM EDT / CBS News Add CBS News on Google President Trump and the Justice Department reached a settlement regarding the president's $10 billion lawsuit against the Internal Revenue Service and Treasury Department, according to documents filed with the court Monday. Mr.
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