Netflix is investigated for tax fraud in Europe

[FWN Adm]

Netflix came under investigation for tax fraud and its offices in France and the Netherland has been raided by officials, searching for documents. Netflix stated it is cooperating with authorities as part of an investigation into alleged tax fraud and concealed employment.

"We are co-operating with the authorities in France, where Netflix is a significant contributor to the local economy — and we comply with the tax laws and regulations in all the countries in which we operate," stated a spokesperson.

The aim of the investigation was to discover how the alleged tax fraud had been implemented internally. Liberation reported that a raid was also being conducted simultaneously in Netflix's European HQ in the Netherlands, following months-long cooperation between French and Dutch investigators.