Police search McKinsey's office in Paris in tax fraud probe (updated)
24/05/2022 13:08
(Adds details, context)
PARIS, May 24 (Reuters) - Police searched on Tuesday the
Paris office of U.S. management consultancy McKinsey in relation
to an investigation into suspected tax fraud, the financial
prosecutor's office said.
A McKinsey spokesperson did not respond to a request for
comment.
French President Emmanuel Macron confirmed in April that a
preliminary investigation linked to tax fraud and money
laundering had been launched into the French arm of McKinsey by
financial prosecutors. urn:newsml:reuters.com:*:nL5N2W451S
McKinsey's French headquarters is located on the Champs
Elysees boulevard.
McKinsey has said it would cooperate with French authorities
and that it respected French tax laws and regulations.
The probe was triggered after the French Senate this year
said the consultancy was dodging taxes in France despite
sizeable revenues in the country.
The Senate also accused a company executive of lying when he
told senators that McKinsey was paying corporate taxes in
France.
(Reporting by Paris Newsroom;
Editing by Sudip Kar-Gupta and Richard Lough)
((sudip.kargupta@thomsonreuters.com; +33 1 49 49 53 84;))