THE QUESTION.
McKinsey in the eye of the storm.
Revealed by our colleagues from Politico, the involvement of consulting firms in the definition of public policies, including the tricolor vaccine campaign, has caused a stir among several political leaders.
The result of several months' work, a report by a Senate commission of inquiry "
on the growing influence of private consulting firms on public policy
" has shed light on certain practices, including the use of "
tax optimization
" in France.
Read also“
McKinsey never enters the field of political decision-making
”
“
McKinsey is indeed subject to corporation tax (IS) in France, but its payments have been at zero euros for at least 10 years
”, concludes the commission, describing the situation as a “
caricatural example of optimization tax
”.
This observation is also contrary to the statements "
kept under oath
" by the associate director of the firm, Karim Tadjeddine: in mid-January, he had thus assured that "
we pay corporate tax in France and all salaries are in a company governed by French law which pays its taxes in France
”.
So, does the firm really pay its corporation tax in France?
If not, how does he avoid this?
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