Adidas Headquarters Raided in Ongoing Tax Investigation

Reported 16 days ago

Authorities have raided Adidas AG headquarters in Germany as part of a long-term tax investigation that spans from October 2019 to August 2024. The company is cooperating with customs officials, providing necessary documentation and addressing compliance issues related to customs and tax regulations on product imports. Adidas does not anticipate a significant financial impact from this investigation.

Source: YAHOO

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