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Trump-affiliated companies IRS settlement investigation

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FIRST ENTRY JUL 07
JUL 07 · Day 1

Senate Democrats seek answers from Trump-affiliated companies on IRS settlement

Senators Elizabeth Warren, Chuck Schumer, and Ron Wyden sent letters to 11 businesses and organizations with ties to the Trump family seeking answers about an IRS settlement.

A Justice Department spokesperson said the IRS routinely provides releases as part of resolving taxpayer reviews and audits and that the settlement follows that same standard practice.

The settlement applies to parties including trusts, parent, sister, or related companies, affiliates, and subsidiaries.

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