Effects of Tax Reform on Taxation Related to Foreign Subsidiary Income

France (French: [fʁɑ̃s]), officially the French Republic (FrenchRépublique française [ʁepyblik fʁɑ̃sɛz]), is a sovereign state whose territory consists of metropolitan France in Western Europe, as well as several overseas regions and territories.[XIII] The metropolitan area of France extends from the Mediterranean Sea to the English Channel and the North Sea, and from the Rhine to the Atlantic Ocean. The overseas territories include French Guianain South America and several islands in the Atlantic, Pacific and Indianoceans. The country’s 18 integral regions (five of which are situated overseas) span a combined area of 643,801 square kilometres (248,573 sq mi) and a total population of 67.25 million (as of June 2018).[10]France is a unitary semi-presidential republic with its capital in Paris, the country’s largest city and main cultural and commercial centre. Other major urban centres include MarseilleLyonLilleNiceToulouse and Strasbourg.