[Trump Reaches Tax Settlement with Federal Government, IRS Restricted from Pursuing Past Audits Sparks Controversy] BlockBeats News, May 20 — Documents from the U.S. Department of Justice reveal that Trump has reached an extraordinary settlement agreement with the federal government, ending a $10 billion lawsuit filed by him and his businesses against the Internal Revenue Service (IRS) and further expanding related provisions. The agreement stipulates that the IRS will be 'permanently prohibited' from pursuing investigations or continuing existing audits related to tax returns previously submitted by Trump, his businesses, and his family. The Department of Justice stated that this restriction applies only to the scope of existing audits. Meanwhile, the U.S. government has agreed to establish an $1.8 billion 'Anti-Weaponization Fund' to compensate individuals or groups who claim to have been improperly treated during government investigations. This arrangement has been criticized by some Democratic lawmakers as a 'disguised transfer of benefits' and has also sparked skepticism within the Republican Party. A former IRS commissioner pointed out that there is no precedent for the tax agency permanently relinquishing its authority to review historical filings of specific individuals or businesses, emphasizing that tax enforcement principles should remain consistent for all taxpayers. The Senate has stated that the agreement still contains numerous unresolved issues and is expected to continue fueling political controversy and regulatory discussions. [Original Link]