The president secures a get-out-of-jail-free card for tax improprieties, just as he’s hauling in record amounts of cash.

Trump could have been liable for a tax bill exceeding $US100 million, plus interest and potential penalties, if he lost an IRS audit.

The president secures a get-out-of-jail-free card for tax improprieties, just as he’s hauling in record amounts of cash.