Investigators Raid Netflix Offices in France and the Netherlands Over Money Laundering and Tax Fraud Allegations
Financial crime investigators have raided the offices of streaming giant Netflix in France and the Netherlands as part of a covert investigation launched two years ago over suspicions of money laundering and tax fraud.
On Tuesday, officers from the French financial prosecution office, PNF, known for its high-profile white-collar investigations, searched Netflix's Paris office. The investigators entered the company’s central Paris offices on Tuesday morning, as part of an inquiry opened in November 2022.
Simultaneously, Dutch authorities conducted a search at Netflix’s European headquarters in Amsterdam, collaborating closely with French investigators, an arrangement ongoing for several months.
Large tech companies providing cross-border online services frequently face scrutiny from European tax authorities. In a similar case in 2022, Netflix settled a tax dispute with Italian authorities by paying €55.8 million. The raids underscore the increased vigilance of European authorities toward multinational corporations’ tax practices and financial operations.
Simultaneously, Dutch authorities conducted a search at Netflix’s European headquarters in Amsterdam, collaborating closely with French investigators, an arrangement ongoing for several months.
Large tech companies providing cross-border online services frequently face scrutiny from European tax authorities. In a similar case in 2022, Netflix settled a tax dispute with Italian authorities by paying €55.8 million. The raids underscore the increased vigilance of European authorities toward multinational corporations’ tax practices and financial operations.
