Netflix Under Scrutiny: Dutch and French Raids Investigate Tax Practices
Dutch and French authorities have conducted coordinated raids on Netflix’s offices as part of an ongoing tax investigation.
The authorities are examining Netflix’s financial records to ensure compliance with tax laws, particularly focusing on whether the streaming giant has been accurately reporting its earnings and paying the appropriate taxes within the European Union.
This probe is part of broader efforts in Europe to address tax practices of multinational tech companies, aiming to ensure they contribute fairly to the economies where they operate.
Netflix has stated its commitment to cooperating with local regulations and is reportedly working closely with investigators to address any concerns.