Tax Investigation Deepens as Adidas Headquarters Raids Continue

In a rapidly unfolding situation, authorities have intensified their investigation into the financial practices of Adidas, with multiple raids taking place at the company's global headquarters in Herzogenaurach, Germany. The raids, which commenced early this week, have raised concerns about potential tax evasion and fraudulent accounting practices by the famed sportswear brand.

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Adidas Headquarters Raided Amid Ongoing Tax Investigation: What You Need to Know

In a significant development for the multinational sportswear giant, Adidas's global headquarters located in Herzogenaurach, Germany, was subjected to a raid as part of an extensive tax investigation. This raid, which took place on December 10, 2024, has been the culmination of a multi-year inquiry by German authorities into the company’s financial practices and compliance with tax laws.

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