• Michael Saylor, former MicroStrategy CEO, has been accused of tax evasion in D.C.
• The case against him was partially dismissed, but the District can still pursue a claim related to $25m in unpaid taxes.
• The court ruling is the first ever test of the strange DC False Claims Act.
Michael Saylor Accused of Tax Evasion in DC
Former MicroStrategy CEO Michael Saylor has been accused by whistle-blowers of avoiding tax in the District of Columbia (D.C) by pretending to be resident in Florida. In April 2021, former D.C. Attorney General Karl A. Racine brought the case against Saylor based on these allegations and asserted that he failed to pay city income taxes between 2005 and 2021 while living a playboy lifestyle in the city.
DC False Claims Act
The case against Saylor has been partially dismissed, but the District can still pursue part of it relating to $25m in unpaid taxes, alongside interest and penalties. This is made possible by a relatively new law called the False Claims Act which allows citizens to file lawsuits against alleged tax dodgers which also let whistle-blowers keep a portion of any proceeds recovered from such cases – as much as $25m from this particular one if successful.
Playboy Lifestyle Evidence
Whistle-blowers alleged that Saylor bought up three prestigious Georgetown penthouses combined into a massive 7,000sq ft luxury apartment and threw near nightly parties aboard multiple yachts kept at his address while claiming his personal home was in Florida instead – bragging about how foolish DC residents are for not keeping their tax base there too due to its 0% income tax rate.
Saylor’s Response
Saylor denies all allegations categorically and continues to insist that Florida is “the center of [his] personal and family life” despite DC Superior Court Judge Yvonne William’s ruling allowing the district to pursue some claims against him still under the False Claims Act for unpaid taxes plus interests and penalties – their first ever test of said act as well – with D.C Attorney General Brian L Schwalb implying they may even appeal it further too..
Conclusion
In conclusion Billionaire Michael Saylor’s request to dismiss all claims against him related to an alleged long-term effort of evading taxes on income earned while residing within Washington Dc have been rejected by a judge though partially dismissed with only certain allegations allowed for pursuit under The DC False Claims Act including those relating t0 $25 million supposedly owed with interest and penalties – with both sides now able to decide whether or not they will appeal further or not either way
