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.
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...