The economist, the guest of franceinfo this Thursday, spoke after the publication of the company’s exceptional results.
[REVELATIONS]While @TotalEnergies announces more than €17.7 billion in profits ($18.8 billion) in the first half of 2022 alone, we can say that the group has not paid any corporate tax in France neither in 2019 nor in 2020Article to come on @bastamedia_ pic.twitter.com/4RQmDuYqel
– Maxime Combes (@MaximCombes) July 28, 2022
Why do you consider the situation “problematic”? We are able to say that Total did not pay corporate tax in France, neither in its 2019 financial year nor in its 2020 financial year. In the 2020 financial year, this was expected since Total had announced record losses that year, but in 2019 it is more surprising, since Total was already making 10 billion euros in profits worldwide and paid no corporate tax in France that year. This revives the debate on “should we tax superprofits in large companies“, but also the more general debate on “should we charge the tax to these large groups which do not pay it in France“.Superprofits: rather than introducing a tax, Elisabeth Borne prefers to “ask” companies “to help the French” Aurore Bergé, the president of the Renaissance group in the National Assembly, assures that Total already pays taxes in France, is that wrong in your opinion? I don’t know what Aurore Bergé is basing this on, but it’s completely false, I’m basing myself on the data published by Total. This is a country by country report of what Total has paid as tax in each country. In its 2019 financial year, TotalEnergies is clear, the group paid no corporation tax in France and even obtained a check from the public treasury for having paid a much larger sum in previous years. TotalEnergies does not pay its fair share of tax on the national territory and TotalEnergies justifies not paying taxes in France by the fact of domiciling its profits outside France, while the group has 21% of its activity in France, a quarter of its employees in France and its head office in France. Without forgetting that it is a group supported by the public authorities in its investments abroad.