Investigators have conducted raids on Netflix's (NFLX, Financial) offices in Paris and Amsterdam as part of an ongoing preliminary investigation into potential tax fraud. French and Dutch authorities are working collaboratively in this probe, which has been in progress for several months. It is important to note that the preliminary investigation does not equate to criminal charges and may not necessarily lead to a trial. Details regarding what prompted the investigation remain unclear.
Large tech companies, such as Netflix, which offer cross-border online services and subscriptions, frequently encounter challenges from European tax authorities. In a related incident, Netflix settled a tax dispute with Italian authorities in 2022 by agreeing to pay 55.8 million euros.
