Michael Saylor is still on the hook for alleged tax evasion, says MicroStrategy filing
The Office of the Attorney General for the District of Columbia in the United States is moving forward on a lawsuit against business intelligence firm MicroStrategy executive chair Michael Saylor related to tax evasion.According to a Feb.
28 filing with the U.S. Securities and Exchange Commission, MicroStrategy said the court had not dismissed a claim against Saylor for failing “to pay personal income taxes, interest and penalties due” following an October 2022 motion from the firm.
However, the court granted a motion dismissing allegations that Saylor — on his own and acting in concert with MicroStrategy — violated the District of Columbia’s False Claims Act.Former D.C.
Attorney General Karl Racine announced a lawsuit against Saylor and MicroStrategy in August 2022, alleging the co-founder “never paid any DC income taxes” and the company “conspired” to assist him in tax evasion.
Read more on cointelegraph.com
![Polkadot [DOT]: Pall of uncertainty over price despite surging metrics](https://fvbb.com/storage/thumbs_400/img/2023/3/26/60966_cxt.jpg)
![Bitcoin [BTC] bears gain edge against the bulls- Is it right time to short](https://fvbb.com/storage/thumbs_400/img/2023/3/26/60965_eanu.jpg)
