Netflix Under Tax Fraud Investigation

Netflix Under Tax Fraud Investigation

euronews.com

Netflix Under Tax Fraud Investigation

Authorities in France and the Netherlands searched Netflix offices as part of a tax fraud investigation involving allegations of money laundering and undeclared work.

English
United States
EntertainmentEuropean UnionInternational CooperationFinancial CrimeTax EvasionCorporate TaxMultinational Company
NetflixFrench National Financial Prosecutor's Office (Pnf)Central Office For The Fight Against Corruption And Financial And Tax Offences (Oclciff)European Union Agency For Criminal Justice Cooperation (Eurojust)Netflix Services France Sas
Which authorities were involved in the coordinated searches?
Investigators from the Central Office for the Fight against Corruption and Financial and Tax Offences (OCLCIFF) in France and Dutch magistrates led the searches, coordinated by Eurojust.
What has been Netflix's response to the ongoing investigation?
Netflix has not yet commented on the ongoing investigation, which involves a tax audit of the company's practices between 2019 and 2021.
What are the main allegations against Netflix in this investigation?
The investigation, initiated in November 2022, focuses on allegations of money laundering, aggravated tax fraud, and undeclared work by Netflix.
Where did the searches related to the Netflix tax fraud investigation take place?
The French and Dutch authorities conducted simultaneous searches at Netflix's offices in Paris and Amsterdam as part of a joint investigation into suspected tax fraud.
What tax practices are being investigated in relation to Netflix's French subsidiary?
Reports suggest that Netflix's French subsidiary minimized tax costs by paying taxes on its French turnover in the Netherlands until 2021.