Though this is shocking to some at first, it is not as onerous as it sounds because a credit is allowed to offset the amount of non-US tax that has been paid.

FORBES: IRS OVDI Offers Penalty Relief for Dual Citizens

Ever since 1921, and most recently reconfirmed by legislation in 1976 and 1986, Congress specifically has chosen not to tax interest paid to non-resident foreigners.

FORBES: IRS Run Amok: Agency Illegally Helping Foreign Governments Collect Taxes?

The paper goes on to suggest that, even including other non-income taxes, the tax rate Depardieu claims to have paid is preposterous.

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