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The Economic Times
The Economic Times

US judge declares Trump's tax deal 'improper', leaving future financial implications unclear

A US judge on Monday voided a settlement between Donald Trump and the Internal Revenue Service giving the president and his allies sweeping protections from audits, ruling that his lawsuit over leaked tax returns had been filed for an "improper purpose."

Trump, his two eldest sons and the Trump Organization sued the IRS for $10 billion over the disclosure of confidential records by a former agency contractor to news organizations.

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