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Customs Regulations

All articles tagged with #customs regulations

business1 year ago

German Authorities Raid Adidas HQ in Ongoing Tax Probe

Adidas' headquarters in Germany was raided as part of a tax investigation concerning customs and tax regulations for imported products over the past five years. The company has cooperated with authorities by providing necessary documents and does not anticipate significant financial repercussions. This investigation follows Adidas' recent controversies, including its split with rapper Ye. Despite the raid, Adidas shares saw a slight increase in extended trading.