an ongoing search at the French headquarters of the consulting firm

Europe 1 with AFP

1:41 p.m., May 24, 2022

During Emmanuel Macron’s five-year term, many missions were entrusted to the McKinsey firm. But a Senate report denounced the tax optimization of McKinsey, which “has not paid corporate tax in France for at least ten years”. A search is underway this Tuesday at the French headquarters.

A search was underway Tuesday at the French headquarters of the consulting firm McKinsey, avenue des Champs-Élysées in Paris, as part of the preliminary investigation opened on March 31 for aggravated money laundering of aggravated tax fraud, confirmed the national financial prosecutor’s office ( PNF), requested by AFP.

This investigation follows the report of the Senate inquiry committee on the influence of private consulting firms on public policy during Emmanuel Macron’s first five-year term. The French entities of the McKinsey firm were accused of having put in place a tax arrangement allowing them to pay no corporate tax between 2011 and 2020.

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Source: Europe1

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