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Why France is investigating Carlos Ghosn over possible tax evasion


Auto
executive-turned-fugitive Carlos Ghosn is under investigation in France for possible tax evasion during his last three years heading Renault and Nissan, according to a person familiar with the matter.
Ghosn and French tax authorities have been discussing since the middle of last year whether the former CEO should have been considered a French resident during 2016, 2017 and 2018, said the person, who asked not to be named because the information is not public. Ghosn declared in 2012 that he had moved to the Netherlands and was subsequently treated as a non-resident, the person said.
The newspaper
Liberation reported Monday that a French judge allowed authorities to seize almost 13 million euros ($16 million) in assets from Ghosn and his wife, Carole, pending the outcome of the probe. Authorities are preparing a “major” tax adjustment, the paper said. ....

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Carlos Ghosn Investigated by France Over Possible Tax Evasion


Carlos Ghosn Investigated by France Over Possible Tax Evasion
Tara Patel, Bloomberg News
Carlos Ghosn, former Nissan chief executive officer, pauses during a news conference at the Holy Spirit University of Kaslik (USEK) in Jounieh, Lebanon, on Tuesday, Sept. 29, 2020. China has emerged as a crucial market for Japan’s second-biggest automaker by output as it struggles to recover from a boardroom scandal surrounding former chairman Carlos Ghosn and a sales slump that threatens its alliance with Renault SA.
, Bloomberg
(Bloomberg) Auto executive-turned-fugitive Carlos Ghosn is under investigation in France for possible tax evasion during his last three years heading Renault SA and Nissan Motor Co., according to a person familiar with the matter. ....

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