The worldwide tax contribution by the Michelin Group amounts to €1.365 billion for the year 2023. This includes both profit taxes and operational taxes incurred in countries where the Group operates. Social security contributions are not included in this figure.
The global tax contribution represents around 40% of 2023 total sectors’ operating, underscoring the Group’s substantial tax burden.
The report provides detailed information on the geographical footprint of Michelin’s operations, which is determined by business needs and commercial opportunities.
By publishing this Tax Transparency Report, the Michelin Group aims to demonstrate its role as a socially responsible taxpayer and foster constructive dialogue with stakeholders.