STMicroelectronics in France
- Conflict resolution
- Crisis management
- Legal department review
- Technology
Summary
Client problem
What was delivered
Client Benefits
Experts in charge
Frédéric G.
Senior Advisor
Client problem
Management of a tax dispute at STMicroelectronics. The French tax authorities demanded payment of a €120 million penalty related to the management of masks used for production.
What was delivered
I set up a dedicated team (IT, management control, operations, lawyer) which challenged the tax authorities’ arguments.
Client Benefits
After more than a year of discussions, this ended in negotiations at the Ministry of Finance in Bercy, resulting in a penalty of €40 million, a reduction of €80 million compared to the initial claim.
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