BuyLowSellHighTrader
:
This is what I found from Google abt the tax fraud case against him
Michael Saylor was accused of tax fraud and settled a lawsuit with the District of Columbia for $40 million. Here's a summary of the case: * The accusation: The District of Columbia alleged that Saylor, while living in D.C., claimed to be a resident of Florida or Virginia to avoid paying D.C. income taxes. This allegedly took place from 2005 to 2020. * The settlement: In 2023, Saylor and MicroStrategy, the company he founded, settled the lawsuit for $40 million. This was the largest income tax fraud recovery in D.C. history. * Saylor's response: Saylor denied the allegations, stating that he continues to dispute being a D.C. resident. He claimed to have settled to avoid the burden of litigation on himself, his family, and his friends. Important Note: While the settlement is a significant event, it's important to remember that a settlement is not an admission of guilt.
EZ_money : this![clown_face 🤡](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f921.png)
BuyLowSellHighTrader : This is what I found from Google abt the tax fraud case against him
Michael Saylor was accused of tax fraud and settled a lawsuit with the District of Columbia for $40 million.
Here's a summary of the case:
* The accusation: The District of Columbia alleged that Saylor, while living in D.C., claimed to be a resident of Florida or Virginia to avoid paying D.C. income taxes. This allegedly took place from 2005 to 2020.
* The settlement: In 2023, Saylor and MicroStrategy, the company he founded, settled the lawsuit for $40 million. This was the largest income tax fraud recovery in D.C. history.
* Saylor's response: Saylor denied the allegations, stating that he continues to dispute being a D.C. resident. He claimed to have settled to avoid the burden of litigation on himself, his family, and his friends.
Important Note: While the settlement is a significant event, it's important to remember that a settlement is not an admission of guilt.