The McKinsey firm reaffirmed on Saturday to respect French tax rules, specifying that one of its subsidiaries had paid corporation tax for six years over the period during which the Senate accuses it of tax optimization.
“
All McKinsey entities in France are subject to corporation tax.
Thus, over the same period (2011-2020, editor's note), its implementing subsidiary paid corporation tax for 6 years
, "said the firm in a press release sent to AFP, without specifying the number of entities operating in France, nor the amount of tax paid nor the missions of the subsidiary concerned.
Read alsoDoes the consulting firm McKinsey escape corporate tax in France?
The firm intends to respond in this way to the "
controversy over its tax contribution
", he said, after the Senate announced on Friday that it had taken legal action on suspicion of false testimony by Karim Tadjeddine, head of the public sector division, who had provided mi- January that the firm paid corporation tax in France.
"
However, the senators' investigation attests that the McKinsey firm has not paid corporate tax in France for at least 10 years
", notes the Commission of Inquiry, which qualified the use by the State of consulting firms of "
sprawling phenomenon
" in its report.
Despite a turnover of “
329 million euros on national territory
” in 2020, the firm would not have paid any corporate tax from 2011 to 2020, add the senators, pointing to “
a caricatural example of tax optimization
.
They suspect the firm's French entities of having paid significant "
transfer prices
" each year to their parent company based in the United States, "
which leads to a reduction in their tax result, and consequently the amount of their taxation
”.
Read also“
McKinsey never enters the field of political decision-making
”
McKinsey had already reaffirmed last week to respect “
all applicable French tax and social rules
” and to have paid corporation tax “in
the years when the firm made profits in France
”.
In its press release, it specifies on Saturday, without further details, having paid "
422 million euros in taxes and social charges, or nearly 20% of its cumulative turnover
", in respect of its employees in France, amounts to be distinguished from corporation tax which concerns profits.
