Trump Administration Grants Immunity to President, Family, and Businesses from Tax Audits
The Trump Justice Department granted President Trump, his family, and his businesses immunity from ongoing tax audits and investigations in a controversial move. The provision was quietly added to a settlement agreement that also created a $1.8 billion compensation fund.
Unprecedented Tax Shield
United States President Donald Trump, his family and his businesses have been granted immunity from any ongoing audits into their tax affairs, according to a directive by the Department of Justice. The provision, quietly inserted on Tuesday as a supplement to a remarkable deal that also created a $1.8 billion compensation fund aimed at benefiting Mr. Trump's allies, protects the president, his relatives and his businesses from pending audits and tax prosecutions.
Legal Authority and Scope
The one-page document, signed by the acting attorney general, Todd Blanche, said that the government would be "FOREVER BARRED and PRECLUDED from prosecuting or pursuing" pending tax claims against Mr.
Expert Assessment
A professor of accounting and tax expert at North Carolina State University, called the move "unprecedented". "The clause within the settlement that Trump and his family will no longer be subject to the audit process breaks from the current tax policies and puts Trump in a situation where he can pay what he believes is the correct amount without any fear of prosecution," Goldman told Al Jazeera.
Democratic Opposition
Democratic lawmakers blast move, which follows the establishment of a controversial 'Anti-Weaponization Fund'.