Netflix headquarters in France and the Netherlands are reportedly under investigation for possible tax fraud and money laundering. The offices were searched Tuesday, Nov. 5.
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A special financial prosecution unit called the PNF is handling the French investigation in Paris.
The group is known for conducting high-stakes investigations that often involve large international companies. However, it doesn’t necessarily mean criminal charges will be filed.
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French news agency AFP cited an unnamed judicial source who said this is related to an investigation opened in 2022 into suspicions of covering up “serious tax fraud and off-the-books works.”
Dutch authorities searched the company’s Amsterdam headquarters at the same time.
Netflix is also under investigation in France for its tax filings from 2019 to 2021.
When those investigations went public in 2023, Netflix insisted it complies with tax laws in all countries where it operates.
Netflix hasn’t commented on the investigations.
[Lauren]
NETFLIX HEADQUARTERS IN FRANCE AND THE NETHERLANDS ARE REPORTEDLY UNDER INVESTIGATION FOR POSSIBLE TAX FRAUD AND MONEY LAUNDERING.
A SPECIAL FINANCIAL PROSECUTION UNIT CALLED THE P-N-F IS HANDLING THE FRENCH INVESTIGATION IN PARIS.
THE GROUP IS KNOWN FOR CONDUCTING HIGH-STAKES INVESTIGATIONS THAT OFTEN INVOLVE LARGE INTERNATIONAL COMPANIES… BUT DOESN’T NECESSARILY MEAN CRIMINAL CHARGES WILL BE FILED.
FRENCH NEWS AGENCY A-F-P IS CITING AN UNNAMED JUDICIAL SOURCE … WHO SAYS THIS IS RELATED TO INVESTIGATION OPENED IN 20-22 INTO SUSPICIONS OF COVERING UP QUOTE – “SERIOUS TAX FRAUD AND OFF THE BOOKS WORKS.”
DUTCH AUTHORITIES ALSO SEARCHED THE COMPANY’S AMSTERDAM HEADQUARTERS AT THE SAME TIME TUESDAY.
NETFLIX IS ALSO UNDER INVESTIGATION IN FRANCE FOR ITS TAX FILINGS FROM 20-19 TO 20-21.
WHEN THOSE INVESTIGATIONS WENT PUBLIC LAST YEAR, NETFLIX INSISTED IT COMPLIES WITH TAX LAWS IN ALL COUNTRIES WHERE IT OPERATES.
NETFLIX HAS NOT COMMENTED ON TUESDAY’S INVESTIGATIONS.
FOR SAN I’M … LAUREN TAYLOR.
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Media Landscape
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104 other sources covering this story
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Center
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13
Last Updated
2 weeks ago
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