Michael Saylor is feeling the heat over allegations that he has failed to pay millions of dollars in income taxes over recent years.
But new laws allow a court to impose "treble damages" — three times the amount of tax evaded — meaning the entrepreneur could pay substantially more if he loses the case. According to whistleblowers, Saylor told friends based in New York, California and DC that they were "fools" if they didn't do the same.Newly unsealed court filings from whistleblowers also include calculations about how much time Saylor actually spent in Washington DC. For tax purposes, a resident is defined as someone who is based there for at least 183 days of the year.
"For some individuals, it would be difficult to reconstruct their past day-to-day locations and establish that they spent the majority of their time in the District. Saylor, on the other hand, left a trail of information to reconstruct his movements to and from the District." Saylor's preference for flying in a private jet rather than commercially also means flight information with the Federal Aviation Administration shows "exactly when he left the District and when he returned," whistleblowers claim.There's no shortage of color in the whistleblowers' complaint — which said Saylor "found the appeal of the District irresistible, particularly its proximity to power, affluence and women.
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