French colonial tax hoax
African Countries Who Still Pay Colonial Tax To France. Guinea used to be a French colonial possession in West Africa until 1958 during the fall of French Fourth Republic as a result of its political instability and its failures in handling colonies, particularly Indochina and Algeria.African protests over the CFA 'colonial currency The AFP news agency reports that he was acquitted on a technicality. Senegal's penal code punishes the destruction of banknotes rather than a single bank note. Mr Seba is part of a growing movement chorus calling for the CFA to be dropped. french colonial tax hoax
Even the anticolonial proAfrican French left press has largely debunked it: Confusions autour dun impt colonial et du franc CFA; Non, les pays africains ne versent pas un impt colonial la France So the answer is no, there is no such thing as a colonial tax.
Feb 17, 2007 I wouldn't be supised if it was easy, once you've got your French citizenship they get to tax you on all your worldy assets (same rules as the US I believe). So this would me you would be taxed twice if you held duel citizenship, although I don't think the US allows you to duel duel citizenship. Apr 18, 2014 A hoard of cash sits in the Bank of France: 20 billion in African money held in trust by the French government and earning just 0. 75 percent interest.french colonial tax hoax 14 African Countries Forced by France to Pay Colonial Tax For the Benefits of Slavery and Colonization. As of January 2014, 14 african countries are obliged by France, through a colonial pact, to put 85 of their foreign reserve into France central bank under French minister of Finance control.