The former IMF managing director set up his consulting firm in a Moroccan free zone before moving it to the United Arab Emirates.
Dominique Strauss-Kahn is one of the 600 French whose name appears in the “Pandora Papers”, these documents obtained by the International Consortium of Investigative Journalists (Icij). The show Cash Research from France 2 analyzed the professional activity of the former managing director of the International Monetary Fund (IMF) and especially the location of his company. Since converting to business and government consulting, Dominique Strauss-Kahn appears to have become a follower of fiscal nomadism.
EU gray list
In September 2012, he created the Parnasse company based in the 6th district of Paris. It is this structure that bills and collects the fees it receives for its conferences and the recommendations it provides to the various heads of state in economic and financial matters. Its clients are mainly in Eastern Europe and Africa. Dominique Strauss-Kahn, owner of a large house near Marrakech, created Parnasse International, which will replace his French company. This new entity is located in Casablanca in a free zone called Ciudad Financiera de Casablanca (CFC). Advantage: French companies established there are exempt from income tax for a period of five years. For comparison, in France, the tax …