Auto executive-turned-fugitive Carlos Ghosn is under investigation in France for possible tax evasion during his last three years heading Renault SA and Nissan Motor Co., according to a person familiar with the matter.
Ghosn and French tax authorities have been discussing since the middle of last year whether the former chief executive officer should have been considered a French resident during 2016, 2017 and 2018, said the person, who asked not to be named because the information isn¡¯t public. Ghosn declared in 2012 that he had moved to the Netherlands and was subsequently treated as a nonresident, the person said.
The newspaper Liberation reported Monday that a French judge allowed authorities to seize almost €13 million ($16 million) in assets from Ghosn and his wife, Carole, pending the outcome of the probe. Authorities are preparing a ¡°major¡± tax adjustment, the paper said.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.