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I think they mean that if a company in France manages to shuttle back its profits to the US, then it will need to be taxed 15% there as least. International co
by Renaud 5y ago
I think they mean that if a company in France manages to shuttle back its profits to the US, then it will need to be taxed 15% there as least.
International corporations routinely avoid tax in one country by having charging large fees to the foreign entity for instance, leaving little local profit to be taxed.