MicroStrategy and Michael Saylor Sued For Tax Evasion In D.C. – Bitcoin Magazine

  • Michael Saylor and MicroStrategy are being sued by DC
  • The lawsuit alleges the former CEO conspired with the company to evade taxes.
  • The lawsuit demands more than $25 million in taxes and fines.

The largest bitcoin holder, MicroStrategy and its Executive Chairman Michael Saylor are being sued by the District of Columbia (DC) for alleged tax fraud, according to a notification from the DC Attorney General.

The complaint Allegs that Saylor knowingly avoided income taxes for DC while fraudulently claiming to be a resident of a lower tax jurisdiction while maintaining her residency in DC Additionally, the lawsuit alleges that MicroStrategy conspired with Saylor by knowingly hiding his real address from local and federal tax authorities.

Source link


Kig News: Update the world's latest breaking news online of the day, breaking news, politics, society today, international mainstream news .Updated news 24/7: Entertainment, the World everyday world. Hot news, images, video clips that are updated quickly and reliably

Related Articles

Back to top button