Microsoft (MSFT) Office in France Raided by Tax Officials, Police
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Price: $535.07 +2.38%
Overall Analyst Rating:
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Revenue Growth %: +16.6%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.7%
Revenue Growth %: +16.6%
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According to reports out Thursday, French officials have conducted a search of Microsoft Corp. (Nasdaq: MSFT) offices in Paris.
The offices, in Issy-les-Moulineaux, were entered by French tax services reps as well as police.
One spokesperson for Microsoft in France, as quoted by Dow Jones, said the operation was in the framework of a standard tax audit.
The news comes just one day following an extremist attack on a Microsoft office in Athens.
Shares of Microsoft are 1.8 percent lower in late-Thursday trading.
The offices, in Issy-les-Moulineaux, were entered by French tax services reps as well as police.
One spokesperson for Microsoft in France, as quoted by Dow Jones, said the operation was in the framework of a standard tax audit.
The news comes just one day following an extremist attack on a Microsoft office in Athens.
Shares of Microsoft are 1.8 percent lower in late-Thursday trading.
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