Netflix Europe offices raided in tax fraud probe
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Re: Netflix Europe offices raided in tax fraud probe
#2Is a mini-series about this already greenlit?
Re: Netflix Europe offices raided in tax fraud probe
#3Is a mini-series about this already greenlit?
yes but it was cancelled after becoming too popular
Re: Netflix Europe offices raided in tax fraud probe
#4The meat:
> Last year, French media outlet La Lettre reported that until 2021, Netflix in France minimised its tax payments by declaring its turnover generated in France to the Netherlands.
> investigators are trying to determine whether Netflix continued to attempt to minimise its profits after 2021.
Wasn't Uber or some other US company found doing something similar? First they were found to be in violation of some law/dodging taxes, said they'd fix it and later found to not have done anything about it? Is that behavior perhaps more accepted in the US than Europe?
Re: Netflix Europe offices raided in tax fraud probe
#5I wonder how these "office raids" would work for remote first companies that don't have much of an office presence and with little or no physical documents and everything being stored in the cloud somewhere.
Re: Netflix Europe offices raided in tax fraud probe
#6I wonder how these "office raids" would work for remote first companies that don't have much of an office presence and with little or no physical documents and everything being stored in the cloud somewhere.
If you can get access to someone's laptop with SSO login access to the cloud storage (or their email inbox and Slack messages), then you have what you need.
Re: Netflix Europe offices raided in tax fraud probe
#7Is this what Emily was doing in Paris?
Re: Netflix Europe offices raided in tax fraud probe
#8I wonder how these "office raids" would work for remote first companies that don't have much of an office presence and with little or no physical documents and everything being stored in the cloud somewhere.
I mean, that would be way easier for the government agencies, no? Just send a subpoena to the service providers, they hand over all the data and you're done?
Re: Netflix Europe offices raided in tax fraud probe
#9I wonder how these "office raids" would work for remote first companies that don't have much of an office presence and with little or no physical documents and everything being stored in the cloud somewhere.
If everything is synchronised to third party could storage an "office raid" can be as easy as getting a court order telling the cloud provider to make a snapshot of everything stored available to the police.
Re: Netflix Europe offices raided in tax fraud probe
#10The meat: > Last year, French media outlet La Lettre reported that until 2021, Netflix in France minimised its tax payments by declaring its turnover generated in France to the Netherlands. > investigators are trying to determine whether Netflix continued to attempt to minimise its profits after 2021. Wasn't Uber or some other US company found doing something similar? First they were found to be in violation of some…
It's hard to accurately measure secretive crimes like this, but the estimates seem to put corporate tax evasion by percentage of GDP at either similar levels between the EU and US or actually higher in the EU.