We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
McDonalds Corp | NYSE:MCD | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.16 | 0.06% | 273.44 | 748 | 11:23:49 |
PARIS—French police raided McDonald's France headquarters last week in connection to a tax fraud probe, making the fast food chain the latest U.S. company to come under renewed fire in France for the way it pays its taxes.
Police officers from a unit fighting corruption and financial crime took part in the raid, which targeted McDonald's France headquarters in Guyancourt, west of Paris.
A police officer said documents and computers were seized during the raid.
"McDonald's France can confirm that a search took place at the company headquarters on 18 May 2016," a McDonald's spokesperson said. "McDonald's is cooperating fully with the authorities on this matter."
News of the raid comes after dozens of tax investigators swooped into Google's French headquarters on Tuesday in a surprise raid, escalating a tax dispute in which French authorities have sought more than €1 billion ($1.11 billion) from the search firm.
McDonald's is relatively popular in France and had more than 1,285 restaurants across the country at the end of 2013, according to the company's French website.
Inti Ladauro contributed to this article.
(END) Dow Jones Newswires
May 26, 2016 12:55 ET (16:55 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
1 Year McDonalds Chart |
1 Month McDonalds Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions