McKinsey claims that one of its subsidiaries paid corporate tax in France

The consulting firm intends to meet the “controversy over his tax contribution”. “McKinsey has not paid corporate tax in France for at least ten years”, according to the report of the Senate Commission of Inquiry.

Le Monde with AFP

The McKinsey consulting firm has reaffirmed on Saturday respecting the French tax rules, stating that one of its subsidiaries had paid corporate tax for six years over the period during which the Senate accuses it. Tax Optimization.

“All McKinsey entities in France are subject to corporate tax. Thus, over the same period [2011-2020], its implementing subsidiary paid six years corporate tax” , affirms the firm in a statement, without specifying the number of entities operating in France, nor the amount of the tax paid, nor still the missions of the affected subsidiary.

The cabinet thus meet the “controversial on his tax contribution”, he says, after the Senate announced on Friday having seized the Justice for “suspicion of false testimony” by Karim TaDjeddine, head of the sector sector Public, which assured in mid-January that the firm was paying corporate tax in France.

“Gold, the Senators’ Survey certifies that McKinsey has not paid corporate tax in France for at least ten years”, reports the commission of inquiry, which qualified the appeal by the State to the tentacular phenomenon council firms in its report.

“A caricatural example of tax optimization”

Despite a turnover of “329 million euros on the national territory” in 2020, the consulting firm would have paid no corporate taxes from 2011 to 2020, add senators, pointing an example “an example” Caricatural tax optimization “.

They suspect the French entities of the Cabinet to have paid a large “transfer price” every year to their parent company, located in the United States, “which leads to minor their tax result and, as a result, the amount of their taxation “.

McKinsey had already reaffirmed last week, respect “all applicable French tax and social rules” and paid corporate tax “the years when the firm made profits in France”. In its statement, Saturday, it specifies without more details to have acquitted “422 million euros of taxes and social charges, nearly 20% of its cumulative turnover”, in respect of its employees In France, amounts to distinguish from corporate tax, which concerns profits.

/Media reports.