MicroStrategy and its CEO Michael Saylor have come to a settlement in a high-profile tax lawsuit brought by the District of Columbia, agreeing to pay $40 million. The lawsuit accused Saylor of evading state income taxes by falsely claiming residency in tax-friendlier jurisdictions. This settlement closes a chapter that had cast a shadow over the company’s reputation and raised questions about its corporate governance practices. The resolution might provide some relief to the company's stakeholders and could help stabilize its operational focus after a period of legal uncertainties. Read more at Decrypt
MicroStrategy Resolves $40 Million Tax Dispute in DC
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