As a gamer with a keen eye for global news, I’ve been following this Netflix saga with bated breath. It’s like watching an epic RPG unfold – a tale of power, intrigue, and, well, taxes!
On Tuesday, authorities concentrating on suspected tax fraud and corruption conducted searches at Netflix’s offices in Paris and Amsterdam, according to The Hollywood Reporter, as they continue their investigation into potential financial misconduct.
A representative from the National Financial Prosecutors Office in Paris has reportedly stated to THR that searches are taking place today at multiple sites, including Netflix’s headquarters in France, according to information obtained from a judicial source.
The initial inquiries were launched back in November 2022, focusing on accusations of severe tax fraud and hidden collaboration within a criminal network. On Tuesday, teams of Dutch and French authorities, including magistrates and investigators, conducted searches at Netflix’s office in Amsterdam.
A representative from the Dutch Prosecutor’s National Office for Serious Fraud, Environmental Crime, and Asset Confiscation has confirmed that investigations have been conducted in response to a request for legal aid from France. (THR was informed of this.)
Collaboratively, investigators from France and the Netherlands have been delving into a case within the Netflix European investigation. This joint effort is part of an investigation orchestrated by Eurojust and coordinated among various parties. In Amsterdam, Dutch prosecutors from the National Office for Serious Fraud, Environmental Crime, and Asset Confiscation, in tandem with their French counterparts at the French National Financial Prosecutor’s Office (PNF), executed searches on Netflix’s headquarters.
Investigators from the PNF, based in Paris, are delving into cases of corruption, financial irregularities, and tax-related offenses. However, we couldn’t get a statement from Netflix representatives regarding this matter.
Initially, Netflix faced criticism in France – a significant European streaming market alongside Germany and the UK – regarding its tax records from the years 2019 to 2021, as reported in French newspaper La Lettre on August 2023. Investigations into Netflix’s French division began in 2021 due to accusations that it minimized its tax liabilities for income earned in France by utilizing a Dutch company.
According to a French news outlet, it was alleged that Netflix users in France agreed to terms with the Dutch subsidiary of Netflix (Netflix International BV) during 2019 and 2020, which helped decrease the main company’s taxes. The Lettre stated that Netflix reported significantly more French income in 2021 because it started including its local subscriber base in France, rather than the Netherlands.
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2024-11-05 18:54