D.C. AG also suing MicroStrategy for conspiring with Michael Saylor - InvestingChannel

D.C. AG also suing MicroStrategy for conspiring with Michael Saylor

Washington D.C. Attorney General Karl Racine said via Twitter, “NEW: Today, we’re suing Michael Saylor – a billionaire tech executive who has lived in the District for more than a decade but has never paid any DC income taxes – for tax fraud. We’re also suing his company, MicroStrategy, for conspiring to help him evade taxes he legally owes on hundreds of millions of dollars he’s earned while living in DC. It’s the 1st lawsuit brought under DC’s recently amended False Claims Act encouraging whistleblowers to report residents who evade our tax laws by misrepresenting their residence. Led by @ChmnMendelson, @councilofdc unanimously updated the law & gave us enforcement authority.”

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