Investigators specializing in financial crime and corruption raided the company's offices in central Paris on Tuesday morning.

Update: Netflix has said it is cooperating with authorities in France following reports on Tuesday that its offices there and in the Netherlands had been raided as part of an investigation into alleged tax fraud and concealed employment.

Investigators searched the offices of U.S. streaming giant Netflix in France and the Netherlands as part of a preliminary investigation into tax fraud laundering, a French judicial source said on Tuesday.

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.

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,