This document will help limit the substance and scope of the audit protection to the defendants in the lawsuit, the IRS and the Treasury. And it limits it to the parties to the audit settlement. It limits the parties to the audit settlement to the plaintiffs, the people who brought the lawsuit, and no one else. And importantly, it was retroactive. Stated to be retroactive, not prospective, doesn't apply to future audits, but does settle all claims that were subject to the lawsuit and those that could have been brought in that lawsuit. (03:10–03:18)
CLAIM
Asserts that the audit settlement is limited to the plaintiffs.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
