Adidas AG faced a second consecutive day of raids by criminal prosecutors and customs investigators, intensifying a years-long tax investigation into the German sports brand.
The investigation covers the period from October 2019 to August 2024 and is related to compliance with customs and tax regulations regarding the import of products into Germany ...
Ten joint investigation teams have been formed to investigate alleged tax evasion and financial irregularities by ten business groups of the country. The businesses are Nabil Group, Gemcon Group, ...