Tax fraud investigators search Netflix offices in Paris and Amsterdam, says source
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Tax fraud investigators have searched Netflix's offices in Paris and Amsterdam as part of a preliminary investigation into tax fraud laundering, according to a French judicial source.
November 05, 2024 | 12:30 pm
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Netflix is under investigation for tax fraud laundering, with searches conducted at its Paris and Amsterdam offices. This could lead to legal and regulatory challenges for the company.
The investigation into tax fraud laundering and the searches of Netflix's offices in Paris and Amsterdam suggest potential legal and regulatory issues. This could negatively impact Netflix's stock price in the short term due to investor concerns over potential fines or reputational damage.
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