Google’s Paris HQ raided by French police in tax fraud probe [Update]
Update: The financial prosecutor’s office has confirmed that the raid took place, and is part of an investigation in to tax evasion and money laundering. As reported by Reuters:
The investigation, which started in June last year, aims to verify whether Google Ireland Ltd (GOOGL.O) has failed in its fiscal obligations in France, the prosecutor’s office said in statement.
According to several breaking news reports, Google’s headquarters in Paris are being raided this morning by French investigators as part of a probe into the US company’s tax payments. Both Le Parisien and Reuters were informed by sources that a search is underway at the HQ in Paris’s 9th district.