US’ Internal Revenue Service to drop audits of Trump and family
The US Internal Revenue Service will cease audits of President Donald Trump and his family following a deal with the Justice Department. This arrangement grants them immunity from ongoing tax inquiries, which has raised concerns about its legality. Critics argue that this move represents a troubling intersection of governmental authority and personal financial interests.
- ▪The Justice Department has granted President Trump and his family immunity from tax inquiries.
- ▪The provision protects them from pending audits and tax prosecutions, which could be financially beneficial for Trump.
- ▪Tax experts have criticized the legality of this arrangement, suggesting it may constitute political interference.
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US’ Internal Revenue Service to drop audits of Trump and familySign up now: Get ST's newsletters delivered to your inboxUS President Donald Trump (left) and First Lady Melania Trump during the Congressional Picnic on the South Lawn of the White House on May 19.PHOTO: AFPAlan Feuer, Andrew Duehren and Glenn ThrushPublished May 20, 2026, 08:15 AMUpdated May 20, 2026, 08:16 AMListenThe United States Justice Department has granted President Donald Trump, his family and businesses immunity from ongoing inquiries into their taxes, a potentially lucrative arrangement that could shield the president from significant financial liability.The provision, quietly disclosed on May 20 as a supplement to a remarkable deal that also created a US$1.8 billion compensation fund aimed at benefiting Mr Trump’s…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Straits Times — World.