NewsNBC Miami PoliticsMay 19, 2026Miami-Dade
Justice Department Agrees to End Tax Claims Against Donald Trump
The Department of Justice has signed an agreement to stop all current and potential tax claims, audits, and monetary demands against Donald Trump, his family, and his businesses. This addendum is part of a larger settlement that also includes the creation of a $1.8 billion fund and the dismissal of a $10 billion lawsuit filed by the former president.
Read the full story at NBC Miami PoliticsWhy It Matters
The agreement permanently bars the federal government from pursuing existing or potential tax-related claims against the former president and his business entities, effectively ending ongoing and future audits related to tax filings made before May 18, 2022.
Key Facts
- The Justice Department is permanently barred from prosecuting or pursuing any tax claims or monetary relief against Donald Trump, his family, and his companies.
- The agreement covers all tax matters pending or that could have been pending before the IRS or other federal agencies for tax returns filed before May 18, 2022.
- A $1.8 billion 'anti-weaponization' fund is established to redress claims of individuals who allegedly suffered from government 'lawfare'.
- Donald Trump and his co-plaintiffs dropped a $10 billion lawsuit against the IRS and Treasury Department.
- The lawsuit involved claims regarding leaked tax returns, the 2022 search of Mar-a-Lago, and the Russian collusion investigation.
- The Justice Department stated the agreement applies only to existing audits, not future ones.
- U.S. District Judge Kathleen M. Williams closed the case following the plaintiffs' motion to dismiss.
- The settlement was finalized before a court-ordered deadline that would have required the administration to answer questions regarding the president's lawsuit.
Who's Mentioned
personRichard Neal“Representative from Massachusetts who criticized the settlement.”organizationTreasury Department“Department named in the original $10 billion lawsuit.”organizationIRS“Internal Revenue Service, the agency involved in the tax claims and lawsuit.”personKathleen M. Williams“U.S. District Judge who closed the case.”personTodd Blanche“Acting Attorney General who signed the agreement.”personDonald Trump“Former president and primary party to the settlement.”