The Senate inquiry committee had pointed the finger “a caricatural example of tax optimization” set up by the American consulting firm between 2011 and 2020.
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The McKinsey firm reaffirmed on Saturday March 26 to respect French tax rules, specifying that one of its subsidiaries had paid corporation tax for six years. The firm intends to respond to the “controversy over his 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 assured in mid-January that the firm paid corporate tax in France. .
“All McKinsey entities in France are subject to corporation tax. Thus, over the same period (2011-2020, editor’s note), its implementation subsidiary paid corporation tax for 6 years”explains 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.
Despite a turnover of “329 million euros on the national territory” in 2020, the firm would have paid no corporate taxes from 2011 to 2020, reveals the Senate Commission of Inquiry, pointing the finger “a caricatural example of tax optimization”. The senators suspect the French entities of the cabinet of having paid each year important “transfert price” to their parent company located in the United States, “which leads to a reduction in their tax result, and consequently the amount of their taxation”.