France

French Senate Investigation Reveals 'McKinsey Gate' Scandal: Nearly €1 Billion in Government Consulting Fees

2022-03-25 00:00:00 +0000 UTC | Importance: 8/10

A French Senate inquiry committee releases a 400-page report revealing that the French government has spent almost €1 billion in consulting fees since 2017, with very little to show for it. The scandal, dubbed ‘McKinsey Gate,’ centers on the deep ties between McKinsey & Company and …

McKinsey & Company Emmanuel Macron Karim Tadjeddine French Senate Jean Castex mckinsey france consulting-scandal tax-evasion conflicts-of-interest +4 more

France Orders Google to Pay €1B for Tax Fraud, Settles for €945M

2019-09-12 00:00:00 +0000 UTC | Importance: 8/10

On September 12, 2019, Google agreed to pay €945 million ($1.1 billion) to French authorities to settle a four-year tax fraud investigation—avoiding criminal prosecution by negotiating a financial settlement despite evidence of systematic tax evasion. The case exemplified how corporate tax fraud is …

Google French tax authority French government Bruno Le Maire (Finance Minister) Paris court google tax-avoidance france tax-fraud settlement +2 more