I’ve been known to jokingly refer to this time of year the “easy money period” for startups in France. The reason for this is that late May and ultimately June 15 represent the filing deadlines for weath tax in France. The French wealth tax, l’impôt de solidarité sur la fortune, or ISF for short, represents […]
Over the weekend I had the pleasure of reading France Digitale’s whitepaper “Pour une France compétitive et créatrice d’emplois.” I say pleasure, because I really did enjoy reading the organization’s pragmatic proposal of four concrete measures to include in the upcoming Loi des Finances 2013. For those who are not familiar, France Digitale is a […]
{The following is merely a tongue-in-cheek attempt at an imaginary letter I could write to President François Hollande. Its opinions are purely personal and do not necessarily reflect those of my employer or my industry.} Dear Mr. President, First off, thank you for opening my mail. If you’re reading this letter, you would be the […]
It’s been a hot, lazy summer in most of France (far superior to last year, weather-wise, thank goodness). But in at least one sector of France people struggled to completely relax: the private equity / venture capital firms whose principal sources of funds are tax-incentivized “retail” investors. Such retail fund vehicles are a fairly uniquely […]
Pardon the overused cliché, but I figured it was appropriate to pay homage to the 100-year anniversary of the Titanic’s fatal voyage since every media outlet seems to be doing so (my favorite was The Onion’s commemorative tribute in applying its rarely-used 100-point font to the headline). But the equivalent of rearranging deck chairs on […]
In France we’re now entering what I think of as the “easy money period” for startups. The easy money period begins roughly around April 15 (purely coincidentally, the U.S. tax filing deadline) and runs until June 15 (the French wealth tax filing deadline, and that’s no coincidence). To be fair, fundraising in a startup is […]
In France we’re now entering what I think of as the “easy money period” for startups. The easy money period begins roughly around April 15 (perhaps coincidentally, the U.S. tax deadline) and runs until June 15 (the French wealth tax filing deadline, and that’s no coincidence). To be fair, fundraising in a startup is never […]