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McKinsey’s Paris Offices Raided by French Police in Tax Case

  • Case opened after outcry about government use of consultancies
  • Officials probe suspicions of laundering of tax-fraud proceeds
Updated on

McKinsey & Co.’s Paris offices were raided by police in the latest escalation of a controversy over whether the US consulting firm paid any French corporate taxes in the last decade despite earning millions of euros on government projects.

Prosecutors confirmed that evidence-gathering searches had begun on Tuesday. Last month, financial prosecutors at the Parquet National Financier said they had opened a probe into McKinsey to look into suspicions of laundering of tax-fraud proceeds.