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Accountancy Slice
North America
Rhode Island Sen. Sheldon Whitehouse, the top Democrat on the Senate Judiciary Committee, has requested records from the Justice Department, Treasury Department, and IRS related to a settlement agreement that reportedly shields President Donald Trump and certain family members from federal tax audits. Whitehouse is seeking internal IRS memoranda discussing legal defenses against Trump's $10bn lawsuit over the disclosure of his tax records, as well as documents detailing coordination between the agencies and the identities of officials involved in negotiating an addendum that provides protection from future federal tax investigations. The request follows reports that the IRS had recommended dismissing Trump's lawsuit before the settlement was reached, raising questions about whether the Justice Department overlooked potential legal defenses. Whitehouse has asked the agencies to provide the documents by July 14, one day before Acting Attorney General Todd Blanche's Senate confirmation hearing.
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