LVMH Faces Renewed Tax Scrutiny After Court Loss

Billionaire Bernard Arnault’s LVMH lost the latest round in its court battle against French tax officials who raided the luxury-goods firm’s Paris headquarters to gather evidence for a case.

France’s top court on Wednesday overturned a prior ruling that had deemed the 2019 inspections to be unjustified. The Cour de Cassation ordered the Paris court of appeals to reexamine the challenge brought by LVMH Moet Hennessy Louis Vuitton SE.

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