NguThe Daily Hodl - Kunyaka oyi-1 odlulileyo - Ixesha lokufunda: imizuzu emi-3
Bitcoin Firebrand Michael Saylor Responds to Accusations of Tax Fraud in Washington, D.C.
MicroStrategy CEO Michael Saylor is responding to accusations of committing tax evasion by the Attorney General of Washington, D.C.
Yesterday, AG Karl A. Racine umemezele ukuba uyamangala Bitcoin (BTC) maximalist because he’s lived in Washington, D.C. for over 10 years but has never paid any taxes.
Racine also names MicroStrategy as a defendant in the multimillion-dollar ityala for supposedly helping Saylor commit tax fraud.
“Today, we’re suing Michael Saylor – a billionaire tech executive who has lived in the District for more than a decade but has never paid any DC income taxes – for tax fraud.
We’re also suing his company, MicroStrategy, for conspiring to help him evade taxes he legally owes on hundreds of millions of dollars he’s earned while living in DC.”
According to Racine, this lawsuit amanqaku the first one under DC’s amended False Claims Act, which passed in 2020 and extended the law to include tax evasion.
“[This is the first] lawsuit brought under DC’s recently amended False Claims Act encouraging whistleblowers to report residents who evade our tax laws by misrepresenting their residence…
With this lawsuit, we’re putting residents and employers on notice that if you enjoy all the benefits of living in our great city while refusing to pay your fair share in taxes, we will hold you accountable.”
Saylor recently Phendule to the accusations in a new report by Virginia Business, saying that while his business is located in DC, he’s a resident of Florida.
“A decade ago, I bought a historic house in Miami Beach and moved my home there from Virginia.
Although MicroStrategy is based in Virginia, Florida is where I live, vote and have reported for jury duty, and it is at the center of my personal and family life. I respectfully disagree with the position of the District of Columbia, and look forward to a fair resolution in the courts.”
MicroStrategy also issued a statement in the report, saying that the company has nothing to do with Saylor’s personal tax liabilities.
“The case is a personal tax matter involving Mr. Saylor. The company was not responsible for his day-to-day affairs and did not oversee his individual tax responsibilities. Nor did the company conspire with Mr. Saylor in the discharge of his personal tax responsibilities.
The District of Columbia’s claims against the company are false and we will defend aggressively against this overreach.”
Last month, Saylor wehla as MicroStrategy’s CEO, a move the executive says had nothing to do with the software company posting nearly $1 billion in BTC losses during the second quarter of the year.
Ungaphoswa siBethi - Bhlisa ukufumana izilumkiso ze-imeyile ze-crypto ezithunyelwe ngqo kwi-inboxHlola Price Action
Silandele Twitter, Facebook kwaye yocingo
Surf Umxube weHodl yemihla ngemihla
Jonga iiNtloko zeNdaba zamva nje
Iphepha elichazayo ukuba awusenanto oyifunayo: Izimvo ezivakaliswe kwiDaily Hodl ayizizo iingcebiso zotyalo-mali. Abatyalomali kufuneka benze unonophelo olufanelekileyo ngaphambi kokwenza naluphi na utyalomali olunomngcipheko omkhulu Bitcoin, cryptocurrency okanye ii-asethi zedijithali. Nceda ucebise ukuba ukudluliselwa kwakho kunye nokuthengisa kusemngciphekweni wakho, kwaye nayiphi na ilahleko onokufumana kuyo luxanduva lwakho. IDaily Hodl ayikukhuthazi ukuthengwa okanye ukuthengiswa kwayo nayiphi na imali yedijithali okanye iiasethi zedijithali, kwaye iDaily Hodl ayingomcebisi wotyalo mali. Nceda uqaphele ukuba iDaily Hodl ithatha inxaxheba kwintengiso ehambelana nayo.
Umfanekiso okhoyo: Shutterstock/studiostoks
Iposi Bitcoin Firebrand Michael Saylor Responds to Accusations of Tax Fraud in Washington, D.C. wabonakala kuqala IHodl yemihla ngemihla.
Umthombo wo kuqala: IHodl yemihla ngemihla