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Accountancy Slice
North America
President Donald Trump has filed a $10bn lawsuit against the IRS and the Treasury Department, claiming they failed to prevent the leak of his tax information to the media between 2018 and 2020. The lawsuit, submitted in a Florida federal court, includes Mr. Trump's sons, Eric Trump and Donald Trump Jr., as plaintiffs. The suit alleges that the leak caused "reputational and financial harm" and negatively impacted Mr. Trump's public standing during the 2020 presidential election. The leak was attributed to Charles Edward Littlejohn, a former IRS contractor, who was sentenced to five years in prison for disclosing sensitive tax records, including those of other billionaires like Jeff Bezos and Elon Musk. The Treasury Department recently cut ties with Booz Allen Hamilton, the firm that employed Mr. Littlejohn, citing inadequate data protection measures.
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