Tech Billionaire Saylor Sued For Allegedly Avoiding $25M In DC Taxes

Suit tech against billionaire Michael Saylor brought by D.C. Attorney General Karl Racine
MIAMI, FLORIDA - APRIL 7: Michael Saylor, Chairman & CEO, MicroStrategy, speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Florida. The worlds largest bitcoin conference runs from April 6-9, expecting over 30,000 people in attendance and over 7 million live stream viewers worldwide.(Photo by Marco Bello/Getty Images)

At a glance

  • Suit also names as defendant MicroStrategy, data-tracking company Saylor co-founded
  • Racine in suit alleges MicroStrategy conspired to help Saylor evade taxes.
  • Saylor claimed to live in Florida, which has personal income tax, but in fact lived in several different homes around D.C., according to lawsuit.

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