Re:Startups Founded by French Entrepreneurs
by byroot on Monday January 20, 2014 @02:29PM
(#7091316)
> I've found 71% for a scenario of 70k€.
It's not even clear what you are talking about. Anyway what I meant is that you are adding, VAT, income taxes and employment taxes, It makes no sense because they all have a different "Assiette fiscale" (sorry no idea of the translation, it mean that their cost are based on different amounts i.e. benefit vs revenue vs salaries).
> Requires citation
Xavier Niel: "France is a tax heaven" [0]
Plus my own experience of parisian entrepreneurs / startups. Most of them are ramen profitable from the start just because of the R&D grants and other subsidies.
[0] http://www.latribune.fr/technos-medias/20131011trib000790084...
Re:Startups Founded by French Entrepreneurs
by aragot on Monday January 20, 2014 @05:50PM
(#7092237)
I need to work on a small infography to explain the figure with details. It would bring a better fact sheet to discuss about it.
Good job on citing Xavier Niel. The tax+subsidies system still alters the profile of start-up that survives.
> I wont even comment the 71%, because any educated reader will understand that theses taxes do not add up like that.
Emh, have you... done the calculation? Because I did. And I've found 71% for a scenario of 70k€.
It's insulting to assume I've just been adding up percentages. And when I find 71%, it's enough to back my statement that we're plainly choking our companies.
> The only reason (...) is because French entrepreneurs and investors are afraid of risk
Requires citation, it's just an unbacked statement. You have to prove it's the genes and not the administrative burden that weighs on us. I say it's the administrative burden.