Last Thursday, the French Senate passed a digital services tax, which would impose an entirely new tax on large multinationals that provide digital services to consumers or users in France.

American firms in particular have long favoured Ireland as a place to set up factories and run service facilities thanks to its well-educated Labour force and low corporate-tax rate.

If you own corporate equities, if you work for a corporation or if you buy goods and services from a corporation, you pay part of the corporate income tax.