- Michael didn’t pay about $10 million in taxes
- Status conference on the case against Sailor scheduled for March 10
MicroStrategy founder Michael Saylor lost case in court. He was accused of failing to pay income taxes and fines.
Last August, the District of Columbia sued Sailor alleging he never paid tax in the county in which he lived from 2014 to 2022. And his company MicroStrategy helped him avoid responsibility in every possible way. The firm filed false information indicating his residence in Florida.
The statement also says that Sailor lived in a luxurious penthouse and owned several yachts on the waterfront of the Potomac River. The businessman himself refutes this information and claims that he actually lives in Florida.
In August, Michael was required to pay more than $100 million, but now the Attorney General’s office says that he did not pay taxes totaling more than $10 million.
According to a Feb. 28 ruling released by the SEC, Michael Saylor lost an attempt to dismiss claims that he had failed to pay personal income taxes, interest, and penalties in Washington.