Michael Saylor to Defend in Tax Fraud Case

The Supreme Court of the District of Columbia denied the founder of MicroStrategy Michael Saylor to dismiss the lawsuit on the fact of non-payment of income taxes. This is reported Bloomberg. The DC authorities sued Saylor in August 2022, alleging that he had evaded more than $25 million in income tax since 2005. During this period, the entrepreneur allegedly claimed that he was a resident of other jurisdictions with lower rates, including Virginia and Florida. The lawsuit documents say that during this time, Saylor lived in Washington, DC, “in a luxurious penthouse” in the historic district of Georgetown. He also