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The Independent UK
The Independent UK
World
Oisin Mcilroy

Trump to drop $10B IRS tax lawsuit in return for a billion-dollar compensation fund: report

Donald Trump is expected to drop his $10 billion lawsuit against the Internal Revenue Service (IRS) in exchange for the establishment of a fund to compensate allies allegedly targeted by the Biden administration, sources familiar with the matter told ABC News.

Trump filed the $10 billion lawsuit against the IRS in January, alleging they failed to stop the unauthorized release of his tax returns by a government contractor who shared them with The New York Times in 2019.

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