Billionaire Michael Saylor pays DC $40 million in city’s largest tax-evasion settlement
- Michael Saylor and MicroStrategy will pay $40 million to settle a tax fraud lawsuit brought by the Washington D.C. Attorney General.
- Saylor allegedly evaded over $25 million in District of Columbia income taxes by posing as a resident of lower-tax states between 2005 and 2021.
- The D.C. Attorney general charged Saylor and MicroStrategy with tax evasion, accusing the company of helping Saylor disguise his D.C. Residency to avoid higher income taxes.
Insights by Ground AI
Does this summary seem wrong?
0 Articles
0 Articles
All
Left
Center
Right
Coverage Details
Total News Sources0
Leaning Left2Leaning Right3Center4Last UpdatedBias Distribution44% Center