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How will the Netflix tax investigation affect its stock price by mid-2025?
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Story
French and Dutch Authorities Raid Netflix's Paris and Amsterdam Offices in Tax Fraud Laundering Probe
Nov 5, 2024, 12:15 PM
French and Dutch authorities have raided Netflix's offices in Paris and Amsterdam as part of a preliminary investigation into alleged tax fraud laundering. The probe, initiated by the French financial prosecutor's office (PNF) in November 2022, involves collaboration between French and Dutch investigators. A judicial source confirmed that investigators are examining Netflix's tax and labor practices in France. The Parquet National Financier, known for high-stakes financial investigations, is leading the inquiry into potential financial misconduct by the streaming giant.
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