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MicroStrategy CEO Michael Saylor loses case to dismiss claims that he failed to pay personal income taxes

Taxes,Banking And Finance,Markets

From the Center

A court ruling did not dismiss claims by the District of Columbia against Michael Saylor, the founder and CEO of MicroStrategy MSTR, , has lost his case to dismiss claims that he failed to pay personal income taxes, interest and penalties in the District of Columbia, according to a court filing on Feb. 28. The ruling did dismiss claims that Saylor and his company conspired to violate Washington D.C’s False Claims Act, which is a federal law that holds persons and companies liable for defrauding governmental programs. In August 2022,...

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