Exact address: 251 Little Falls Drive, Wilmington, New Castle where CSC Office Locations, specializing in letterbox rentals to businesses, is headquartered. Information taken by The world : companies that are domiciled there without carrying out any real activity are exempt from tax on profits. This is the choice made by the French subsidiary of McKinsey who has been domiciled there since October 31, 1986. As a result of this domicile, McKinsey & Company France Inc is subject to a fixed tax of 175 dollars per year.
Embarrassment from the French authorities, especially since the role of the cabinet in supporting the Ministry of Health on the deployment of the vaccination campaign was made public. ” When applying for the contract, this company provided the certificates proving that it is in good standing with the French tax authorities “, and the missions for the State are duly invoiced in Paris, assures the Mondethe cabinet of Amélie de Montchalin, the Minister of Transformation and the Public Service (whose companion is a former partner of the Boston Consulting Group, re-read our article). His ministry oversees the Interministerial Directorate for Public Transformation (DITP). This unit (read our article regarding it) is housed at 20 avenue Ségur in the 7e arrondissement of Paris, where all the services of the Prime Minister were brought together at the start of Emmanuel Macron’s five-year term.
It plays the role of internal consulting firm to the State. She oversees some of the thirty to thirty-five missions per year that the DITP entrusts during the five-year period to strategy consulting firms.
It’s not the first time that McKinsey is implicated for its tax practices. In Norway, in 2015, Terje Breivik, a member of the Norwegian Liberal Party, took offense to the Norwegian government for the non-payment by McKinsey taxes in Norway for three years. He highlighted that, at the same time, the consulting firm had been retained by the government for several significant missions (read our article once more).
Crédit photo : Wilmington Delaware, Adobe Stock
