Top court sides with French taxman against LVMH on legality of 2019 raids

The ruling deals a blow to Bernard Arnault, the company’s chairman and CEO, and the world’s richest man, who had attacked the initial decision by a judge to allow investigators to search several company offices in 2019 amid a tax fraud probe linked to activities in Belgium.Investigators launched the probe arguing LVMH could have tried to avoid taxes by claiming it carried out some operations in…

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