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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

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.

May 18, 2026 Donald Trump US taxation US news

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Donald Trump May 18, 2026 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 persecutionSign up for the Breaking News US newsletter emailDonald Trump moved to dismiss a $10bn lawsuit against the IRS on...

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 persecutionSign up for the Breaking News US newsletter emailDonald Trump moved to dismiss a $10bn lawsuit against the IRS on...

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Social media ban May 18, 2026 Australia’s social media ban preventing teens from accessing the news, research finds Half of the teens who have been blocked say they are seeing less news than before – but they are not necessarily going back to traditional sourcesGet our bre...

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

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