French police said Thursday
they had raided the French headquarters of McDonald's last week as part of a
tax fraud probe.
Agents of a special
corruption, financial and tax crime unit searched the premises west of Paris on
May 18, seizing documents, a police source said.
French authorities suspect
McDonald's has been illegally lowering its tax bill by channeling French
earnings to Luxembourg, where its European headquarters is based, and where
corporate taxes are much lower.
French business monthly
magazine L’Expansion reported in April that the French Finance Ministry had
sent the US fast-food giant a bill for 300 million euros for unpaid taxes at
the end of 2015 as part of the investigation that dates back to 2013.
On Tuesday, French police
also raided the Paris headquarters of internet giant Google as part of a
similar probe over tax payments.
Credit: FRANCE 24
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