{"id":66576,"date":"2022-09-01T09:42:05","date_gmt":"2022-09-01T06:42:05","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=66576"},"modified":"2025-09-07T02:03:14","modified_gmt":"2025-09-06T23:03:14","slug":"michael-saylor-accused-of-25-million-tax-evasion","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/michael-saylor-accused-of-25-million-tax-evasion\/","title":{"rendered":"Michael Saylor accused of $25 million tax evasion"},"content":{"rendered":"

The District of Columbia (USA) has filed suit against MicroStrategy and its executive chairman Michael Saylor. The prosecutor accuses them of fraud designed to evade taxes.<\/p>\n

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“Saylor deliberately evaded taxes he owed to the district. He fraudulently presented himself as a resident of jurisdictions with lower tax rates, while living in the area since 2005.”<\/p>\n<\/blockquote>\n

The indictment puts the amount at $25 million. According to the complaint, Saylor lived in Georgetown but masked himself as a resident of Florida or Virginia \u2014 he bought property and registered to vote in those states.<\/p>\n

The document states that the MicroStrategy founder resided in Colombia for at least 183 days a year. That is enough to establish tax residency.<\/p>\n

According to District Attorney Karl Racine, MicroStrategy \u201caided\u201d its founder in evading taxes. In filings with the IRS<\/span>, the company indicated that Saylor lives in Florida.<\/p>\n

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We\u2019re also suing his company, MicroStrategy, for conspiring to help him evade taxes he legally owes on hundreds of millions of dollars he\u2019s earned while living in DC.<\/p>\n

\u2014 AG Karl A. Racine (@AGKarlRacine) August 31, 2022<\/a><\/p><\/blockquote>\n