I previously reported that Bryan Schwalb, DOJ Tax Alum, had been elected and sworn in as D.C. Attorney General. See Brian Schwalb Sworn in as D.C. Attorney General (DOJ Tax Alumni Blog 1/5/23), here.
Schwalb has issued a press release titled “Attorney General Schwalb Secures $40 Million From Billionaire Michael Saylor in Tax Fraud Lawsuit,” here. The case was a tax case in which a wealthy individual and a related company created the appearance of non-D.C. residence to effect tax avoidance/evasion. The press release includes the following quote attributed to Schwalb:
“Michael Saylor and his company, MicroStrategy, defrauded the District and all of its residents for years. Indeed, Saylor openly bragged about his tax-evasion scheme, encouraging his friends to follow his example, and contending that anyone who paid taxes to the District was stupid. This precedent-setting settlement makes clear that no one in the District of Columbia, no matter how wealthy or powerful they may be, is above the law.”
Great work AG Schwalb!
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