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The reason is because they setup their company legal structures to avoid paying tax, either in France or the US. Then the US every decade or so gives a money r
by mattmanser 7y ago
The reason is because they setup their company legal structures to avoid paying tax, either in France or the US.
Then the US every decade or so gives a money repatriation tax amnesty, effectively providing huge subsidies to US firms dodging all these taxes.
So the government decided to setup a new tax they couldn't. Can't really blame them.