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.

Everybody say, “Thank you, Netflix!” Per Reuters, the company is providing the distraction we need via a tax fraud laundering probe in their Paris and Amsterdam headquarters this week. Authorities searched both offices in connection with an investigation opened in November 2022,