The US government has agreed to permanently drop all tax claims against President Donald Trump as part of a settlement resolving his $10 billion lawsuit against the IRS. This deal bars the US from further examining or prosecuting Trump's current tax issues.

The US government will permanently drop tax claims against President Donald Trump, according to a settlement document that is part of a deal to resolve Trump’s US$10 billion lawsuit against the Internal Revenue Service over the leak of his tax returns. As part of the settlement agreement, the US is “forever barred and precluded” from examining or prosecuting Trump, his sons and the Trump Organisation’s current tax issues, according to a one-page document posted to the Justice Department’s...