The fast food company has agreed to pay 1.25 billion euros to settle a tax and criminal dispute with the tax authorities and the Parquet National Financier. At issue is the level of royalties paid by McDonald’s entities in France to a McDonald’s Group holding company in Luxembourg. Our lawyer, Rodolphe Boissau, explains:
“In 2009, McDonald’s France started paying a royalty not of 5% of the restaurants’ sales, but of 10%. And instead of transferring these sums to the group in the United States, it paid them to a Luxembourg company, which was not taxable thanks to a loophole in the tax treaty between Luxembourg and the United States,” according to Rodolphe Boissau
To read all of his interventions in the media:
– Les Echos : https://bit.ly/3y6i6re
– L’Opinion : https://bit.ly/3b6NXz7
– Le Parisien : https://bit.ly/3y5dRfR
– Décideurs Magazine : https://bit.ly/3On80IB