[HNBRN]

French guy here. I think a lot of comments miss the point of the new tax : Some US tech companies use fake transfer prices to avoid paying income taxes in France. Eg Irish facebook subsidary owns the Facebook brand for Europe and charges other subsidiaries for using it. The French Facebook subsididary was charged so much in past years that it didnt declare any benefits in France. This is fraud. But this is fraud at EU level and EU is not yet organized to face it. So French government is taking the lead and expects other countries to follow soon (very likely). You have to understand that French companies and French taxpayers a getting reasonnably upset for paying high taxes when some US companies dont.

[ecaradec]

French guy too. I have to add that’s not specific to US company : Total, Ikea, and even EDF (french electricity state owned company ) also use the same practices. I too would prefer that they fix the law. It has been decades we know this and nothing seems to be done. I hope that the fact that population is getting more and more upset by the situation will push the politics to move. Btw the way the same companies dont seem to pay taxes in the US either.

[Ntrails]

I think the key point here is that all global companies structure their tax in the most efficient fashion possible. They pay a bunch of money (millions) to save far more in tax globally. Forget morality. They are behaving optimally for their incentives.

The only way forward is to shut down the model of "redirecting profits to the place with the lowest tax". Kill it with fire.