LONDON DAILY ARCHIVE
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.
05 November 2024 · 23:53 UTC
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.