Trump moves to dismiss $10bn lawsuit against IRS amid reports he’s considering settlement

Settlement with the US government would create $1.7bn fund to compensate allies for supposed persecution Sign up for the Breaking News US newsletter email Donald Trump moved to dismiss a $10bn lawsuit against the IRS on Monday, dropping his claims amid reports he is considering a settlement with the federal government that would create a $1.7bn fund to compensate allies for supposed persecution by the government. The Monday filing came just two days ahead of a 20 May deadline in which the judge overseeing the case asked the parties for briefing on whether a legitimate controversy existed – a requirement for any lawsuit – because Trump controls the IRS. Continue reading...

Original source: Guardian