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 on Tuesday as part of a preliminary investigation into tax fraud laundering, a French judicial source said.

Offices of streaming giant Netflix in Paris and Amsterdam have been raided by the French and Dutch authorities as part of an investigation into tax fraud, French judicial sources say.Officials from the two countries have been co-operating on the case since the investigation was opened in November 2022.