• Michael Saylor, the CEO of MicroStrategy, has had his appeal against tax evasion charges rejected by Judge Yvonne Williams.
• The District of Columbia brought a case against Saylor for allegedly avoiding taxes in D.C. and living a playboy lifestyle in the city between 2005 and 2021.
• Despite having half of the case dismissed, D.C. Attorney General Brian L. Schwalb is still pursuing part of the claim relating to $25m in unpaid taxes with interest and penalties included.
Michael Saylor’s Tax Evasion Charges Rejected by Judge
Former MicroStrategy CEO Michael Saylor has had his appeal against tax evasion charges rejected by Judge Yvonne Williams in April 2021. The District of Columbia (D.C) brought a case against him for allegedly avoiding taxes while residing in Florida between 2005 and 2021 and living a playboy lifestyle in the city during that time period.
DC False Claims Act Used Against Michael Saylor
The District of Columbia has a relatively new law called False Claims Act, which allows citizens to file lawsuits against alleged tax dodgers and enables whistle-blowers to keep a portion of any proceeds recovered from these cases. In this particular lawsuit, it was alleged that Saylor bought up three prestigious Georgetown penthouses that were combined into one luxury apartment as well as multiple yachts he kept in the city while claiming to have his personal home in Florida instead.
Michael Saylor Denies Allegations
Saylor denied all allegations made about him categorically and insisted that Florida is „the center“ of both his personal life and family life.“ Despite this though, DC Superior Court Judge Yvonne Williams dismissed more than half the case but did approve part of the claim relating to $25 million unpaid taxes with interest and penalties included making it potentially worth $150 million – with 25% going to any whistle-blower involved if successful – according to D.C Attorney General Brian L Schwalb who implied that an appeal might be considered on this ruling soon enough too..
The whistle-blowers‘ disclosure made about Saylor’s activities allowed for the False Claims Act to be used against him as they revealed evidence regarding his residency status within D.C., which then gave prosecutors grounds to bring forward this case based on their allegations alone despite any opposing views or claims from Saylor himself such as whether he lived mainly in Florida or not at all during those years specified above..
It remains unclear what will happen next with regards to Michael Saoylor’s court battle over this issue but it seems likely that regardless of whether or not an appeal is filed by the District Of Columbia, it will be some time before any definitive conclusion can be reached here either way leaving many people wondering what will happen next when it comes down to who wins out ultimately over these accusations about dodging taxes being thrown around currently still today today still yet too now today even still now even still yet too now also even also yet too .