On August 31, Washington, DC Attorney General Karl A. Racine said his office was taking legal action against Michael Thaler and MicroStrategy for tax evasion. $100 million Unpaid taxes and fines.
Since then, sailor He lives in Miami Beach, Florida, and issued a statement claiming the district has no tax liability.
DC AG Attacks Thaler Over Bitcoin Tax Evasion
twitter account @tier10k I posted a highlighted snippet of a document related to DC AG’s actions against Michael Thaler and MicroStrategy.
Additionally, Thaler boasted in an interview on January 21, 2021 that Bitcoin is an ideal tool for tax evasion, urging bitcoin owners to tell governments to “do it themselves” and that Bitcoin I suggested that you could boldly claim that you lost your coin access key. The government said, ‘Tax this! ’”
of civil litigation The documents filed against the defendants did not contain this text. CryptoSlate reached out to @tier10k to identify the source, but did not receive a response as of this writing.
Nevertheless, in favor of @tier10k’s post, @txorigin Talking about moving bitcoin to a friendly jurisdiction, he tweeted a clip of Thaler telling the government that he had lost his property in a “boat accident.”
“At the end of the day, you can tell everyone to do it themselves. Get in your head and remember the flickenkey…the typical bitcoiner reaction is, ‘Oh my bitcoin, boat I lost it in an accident…”
According to the civil complaint, Thaler deliberately avoided income tax due to the district by claiming to be a resident of another lower tax jurisdiction.
However, from 2005 to the present, Sailor is said to have maintained several residences within the district, including a luxury penthouse overlooking Georgetown’s waterfront and “multiple yachts” along the Potomac River. .
MicroStrategy allegedly knew that Saylor was a resident of the District of Columbia and that he intentionally misreported his details.
Current plaintiff demand payment of back taxes, fines and interest, Triple Damages, “and all other remedies available under law.”
Sayler answers
Thaler has yet to issue a direct official statement on the matter. But according to a CNBC correspondent, Eamon JaversThaler said he left Virginia in 2012 and moved to Miami Beach.
Billionaire Michael Thaler’s new statement tonight: “Ten years ago I bought a historic home in Miami Beach and moved out of Virginia.” H/t @jimforkincnbc https://t.co/zHivNeQqLB
— Eamon Javers (@EamonJavers) August 31, 2022
Sayler said Florida is where he lives, votes and participates in jury duty. he added:
“I respectfully disagree with the position of the District of Columbia + I look forward to a fair resolution in court.“
statement from MicroStrategy The company said it takes no responsibility for Thaler’s personal problems and has no hand over the chairman’s tax obligations. I will vigorously defend myself,” he said.
