Legal Services

MicroStrategy’s Michael Saylor faces tax fraud case in Washington

Tech billionaire says he moved his home to Miami Beach a decade ago, while lawsuit alleges he has resided in District of Columbia without paying income taxes

Thursday 1 September 2022 at 06:28

The District of Columbia attorney general sued Michael Saylor, the founder and chair of software intelligence firm MicroStrategy, alleging he dodged more than $25m in district taxes.

The lawsuit alleges that Saylor has resided in the District of Columbia for more than a decade without paying DC income taxes. The suit says he avoided income taxes by fraudulently claiming to be a resident of other, lower-tax jurisdictions.