{"id":2471,"date":"2023-08-30T12:07:28","date_gmt":"2023-08-30T12:07:28","guid":{"rendered":"https:\/\/legalavocado.com\/wp\/?p=2471"},"modified":"2023-08-30T12:07:31","modified_gmt":"2023-08-30T12:07:31","slug":"avocado-roundup-ge-unit-hit-by-french-tax-raid","status":"publish","type":"post","link":"https:\/\/legalavocado.com\/wp\/avocado-roundup-ge-unit-hit-by-french-tax-raid\/","title":{"rendered":"Avocado Roundup: GE Unit Hit by French Tax Raid"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"2471\" class=\"elementor elementor-2471\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a10812c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a10812c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b043acc\" data-id=\"b043acc\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d5e16af elementor-widget elementor-widget-text-editor\" data-id=\"d5e16af\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.16.0 - 20-09-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p class=\"Normal tm5\"><span class=\"tm6\">Avocado Roundup is a quick morning review of top tax, legal, and climate news stories. It\u2019s written by humans.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3dc0f3e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3dc0f3e\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-224a9f9\" data-id=\"224a9f9\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-968285e elementor-widget elementor-widget-text-editor\" data-id=\"968285e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li>French tax authorities raided a General Electric unit in the town of Belfort Tuesday, eight months after beginning an investigation into the company on suspicions of money laundering and tax fraud, according to French-language reports. (<a href=\"https:\/\/www.lefigaro.fr\/flash-eco\/soupcons-de-blanchiment-de-fraude-fiscale-nouvelle-perquisition-chez-general-electric-a-belfort-20230829\" target=\"_blank\" rel=\"noopener\"><i><u>Le Figaro<\/u><\/i><\/a>) The investigation followed up an accusations that the company&#8217;s units in the towns of Belfort and Bourogne, near the Swiss border, rigged their transfer pricing structure to shift hundreds of millions of euros to units in Switzerland and the US state of Delaware. (<a href=\"https:\/\/www.boursorama.com\/actualite-economique\/actualites\/soupcons-de-blanchiment-de-fraude-fiscale-nouvelle-perquisition-chez-ge-a-belfort-db225cf113afe6aa781d447be60b05b0\" target=\"_blank\" rel=\"noopener\"><i><u>Agence France Presse via Boursorama<\/u><\/i><\/a>)<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-bc11953 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"bc11953\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-47117f1\" data-id=\"47117f1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-976ede5 elementor-widget elementor-widget-text-editor\" data-id=\"976ede5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li>French tax authorities are auditing Netflix&#8217;s accounts from 2019 to 2021, according to another report. The video streaming giant is suspected of minimizing its French tax by shifting revenues to the Netherlands. (<a href=\"https:\/\/www.lalettrea.fr\/medias_plateformes\/2023\/08\/30\/netflix-vise-par-un-controle-fiscal-en-france,110037479-eve\" target=\"_blank\" rel=\"noopener\"><i><u>La Lettre A<\/u><\/i><\/a>)<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5b47771 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5b47771\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f663bbb\" data-id=\"f663bbb\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-004083b elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"004083b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li>Germany&#8217;s governing coalition Tuesday agreed Tuesday to 34 billion euros ($37 billion) in tax cuts spread over four years to boost the country&#8217;s sagging economy. (<a href=\"https:\/\/www.reuters.com\/world\/europe\/germany-agrees-7-bln-euro-tax-cut-boost-flagging-economy-2023-08-29\/\" target=\"_blank\" rel=\"noopener\"><i><u>Reuters<\/u><\/i><\/a>)<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b0aae2a elementor-widget elementor-widget-text-editor\" data-id=\"b0aae2a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li>Philadelphia-founded Fox Rothschild expanded its automotive industry practice by acquiring New Jersey-based boutique firm Aboyoun Dobbs LLC. Joining Fox Rothschild in Morristown are partners\u00a0<a href=\"https:\/\/www.linkedin.com\/in\/joseph-aboyoun-61289231\/\" target=\"_blank\" rel=\"noopener\"><i><u>Joseph Aboyoun<\/u><\/i><\/a>\u00a0and\u00a0<a href=\"https:\/\/www.linkedin.com\/in\/seth-l-dobbs-esq-18775a5\/\" target=\"_blank\" rel=\"noopener\"><i><u>Seth L. Dobbs<\/u><\/i><\/a>, and counsel Allan L. Markus, Timothy J. Broking, and Will Salerno. (<a href=\"https:\/\/www.foxrothschild.com\/news\/fox-rothschild-accelerates-expansion-of-automotive-industry-practice-with-addition-of-boutique-firm\" target=\"_blank\" rel=\"noopener\"><i><u>FoxRothschild.com<\/u><\/i><\/a>)<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-90b1bdb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"90b1bdb\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e87dd60\" data-id=\"e87dd60\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b94b120 elementor-widget elementor-widget-text-editor\" data-id=\"b94b120\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li>White &amp; Case added debt finance attorney\u00a0<a href=\"https:\/\/www.linkedin.com\/in\/peter-mason-3536596a\/\" target=\"_blank\" rel=\"noopener\"><i><u>Peter Mason<\/u><\/i><\/a>\u00a0as partner in London. He arrives over 12 years at Freshfields Bruckhaus Deringer.\u00a0 (<a href=\"https:\/\/www.whitecase.com\/news\/press-release\/peter-mason-joins-white-case-partner-london\" target=\"_blank\" rel=\"noopener\"><i><u>WhiteCase.com<\/u><\/i><\/a>)<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Avocado Roundup is a quick morning review of top tax, legal, and climate news stories. It\u2019s written by humans. French tax authorities raided a General Electric unit in the town of Belfort Tuesday, eight months after beginning an investigation into the company on suspicions of money laundering and tax fraud, according to French-language reports. (Le [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2560,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[65,67,6,68,4,66,17],"tags":[],"class_list":["post-2471","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-audit","category-delaware","category-france","category-fraud","category-tax","category-tax-raid","category-transfer-pricing"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/legalavocado.com\/wp\/wp-json\/wp\/v2\/posts\/2471","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/legalavocado.com\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/legalavocado.com\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/legalavocado.com\/wp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/legalavocado.com\/wp\/wp-json\/wp\/v2\/comments?post=2471"}],"version-history":[{"count":107,"href":"https:\/\/legalavocado.com\/wp\/wp-json\/wp\/v2\/posts\/2471\/revisions"}],"predecessor-version":[{"id":2580,"href":"https:\/\/legalavocado.com\/wp\/wp-json\/wp\/v2\/posts\/2471\/revisions\/2580"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/legalavocado.com\/wp\/wp-json\/wp\/v2\/media\/2560"}],"wp:attachment":[{"href":"https:\/\/legalavocado.com\/wp\/wp-json\/wp\/v2\/media?parent=2471"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/legalavocado.com\/wp\/wp-json\/wp\/v2\/categories?post=2471"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/legalavocado.com\/wp\/wp-json\/wp\/v2\/tags?post=2471"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}