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.
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