PARIS, Nov 5 (Reuters) - Investigators searched the offices of U.S. streaming giant Netflix NFLX.O in France and the Netherlands on Tuesday as part of a preliminary investigation into tax fraud laundering, a French judicial source said. The French ...

Netflix is not the first multinational to come under investigation in France for alleged tax optimization practices. In 2022, McDonald’s agreed to pay $1.36B (€1.25B) to the French authorities to avoid criminal prosecution for tax fraud between 2009 and 2020. Deadline has contacted Netflix for comment on the reports.

Authorities in France and the Netherlands raided Netflix's offices in Paris and Amsterdam in a dual tax fraud investigation into the streaming entertainment giant. The two countries said they had been cooperating with each other on the tax fraud case against Netflix since 2022 when it quietly opened.