Hacker News new | past | comments | ask | show | jobs | submit login

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.

Guidelines | FAQ | Support | API | Security | Lists | Bookmarklet | Legal | Apply to YC | Contact