The PNF had opened a preliminary investigation for “aggravated laundering of tax evasion” in March. According to a Senate report, the consulting firm has not paid any corporate taxes for “at least ten years”.
Article written by
Published
Update
Reading time : 1 min.
A search is underway, Tuesday, May 24, at the French headquarters of McKinsey, avenue des Champs-Elysées in Paris, as part of the preliminary investigation for “aggravated laundering of tax fraud” against the consulting firm, according to the National Financial Prosecutor’s Office.
The PNF had opened an investigation on March 31 after the Senate commission of inquiry into the influence of private consulting firms on public policy. The French entities of the McKinsey firm were accused of having put in place a tax arrangement which allowed them to pay no corporate tax between 2011 and 2020.
the firm McKinsey assures, in a text published on April 6, to stand “at the disposal of the competent administrations and authorities”. The group is however surprised by the “focus” on his case and “reaffirms that the firm respects the French tax and social rules applicable to it”.