© Reuters. FILE PHOTO: The logo of U.S. conglomerate General Electric is pictured at the site of the company’s energy branch in Belfort, France, February 5, 2019. REUTERS/Vincent Kessler/File Photo
(Reuters) – Prosecutors searched U.S. conglomerate General Electric (NYSE:) Co’s industrial site in eastern France on Thursday as part of an inquiry into claims it avoided millions of euros in taxes by transferring profits abroad, AFP reported.
GE and France’s National Financial Prosecutors’ Office did not immediately respond to Reuters requests for comment.
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