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.

Authorities in France and the Netherlands raided Netflix's offices in Paris and Amsterdam in a dual tax fraud investigation into the streaming entertainment giant.

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.

Netflix’s offices in Paris and Amsterdam were searched by tax fraud investigators on Tuesday, according to reports from Reuters and French news agency AFP. A French judicial source told Reuters that the raid was part of a preliminary investigation into tax fraud laundering,

Investigators searched the offices of U.S. streaming giant Netflix in France and the Netherlands as part of a preliminary investigation into tax fraud laundering, a French judicial source said on Tuesday.