Search results for: tax
Uber is finally big enough to piss off French taxi authorities
If the sign of success is having the incumbent leader publicly announcing his desire for you to not exist, then it’s been quite easy to watch Uber’s city-to-city success over the past 9 months. It all started when D.C. Taxicab Commission Chairman Ron Linton performed a “sting” on a Uber cab, riding in the car […]
Yelp for taxi drivers, Greek Taxibeat launches in France for LeWeb
The world of smartphone-based intercity transportation has really been shook up, but Taxibeat’s Yelp for Taxi’s app puts a new spin on it, launching in Paris this week during LeWeb. While most players in this space – Uber, SnapCar, Chauffeur Privé – are working with a fleet of freelanced private drivers, Taxibeat is working directly […]
Sénat votes in favor of Pigeons – Capital Gains Tax removed
As we reported last month, this past week the Sénat voted on the PLF2013, Francois Hollande’s tax budget proposal for 2013. One article in particular, Article 6, has made global news in the past two months, after it sparked the viral Pigeon Movement, calling for the removal of Article 6. The senate, in particular the nationalist (UMP), […]
Amazon continues to hire in France despite tax evasion claims
After announcing the opening of a new fulfillment center last June in Chalons-sur-Saone (the region of Bourgogne and, coincidentally the previous district of the current Minister of Industrial Renewal, Arnaud Montebourg), it has been announced that in the 2nd half of 2013, Amazon will open yet another fulfillment center in France, this time in the […]
After Google and Amazon, French tax authorities target Facebook
In recent weeks, we’ve been covering quite extensively Google and their quarrels with the French government. An attempt to re-instate the Google Tax led to French media banding together to propose a law forcing Google to pay royalties for snippets used on Google sites. This all happened as French tax authorities investigate Google France & Google […]
Forget Google – France just hit Amazon with $252M in back taxes
These days in France, all we read about in France is the French government’s ongoing pursuit of the coffers of Google, who pay as little as 2% taxes on the revenue generated by French customers; however, Reuters shifted the attention towards another tax-optimized giant, Amazon, who has been hit with back taxes to the tune […]
Fed up with French Tax? MOVE Guides can move you to London!
The following is an approved guest post by Brynne Herbert Mon dieu! Much to the chagrin of France’s business and start-up community, Francois Hollande announced his foreboding tax changes this fall, including a disturbingly high 75% tax rate on incomes above £800,000 per year and 62.2% capital gains tax rate. The outcry of the business […]
Philippe Marini champions eCommerce tax in French Senate
In the past week, we’ve talked a lot about the new administration’s propositions. As is expected when a new party takes the executive power, a few of the previous president’s initiatives, such as the National Counsil for the “digital economy”(Conseil National du Numérique), have been all but disbanded. In addition, despite Prime Minister Jean-Marc Ayrault’s attitude […]
Return of the French Google Tax: New Government, Same Nonsense
France is now saying it will enforce what’s been dubbed the “Google Tax” [FR], a sort of customs tariff on web products and services sold from anywhere outside of France. Previous governments have tried coming up with a way to apply VAT on digital purchases from foreign companies, from a song on iTunes or an […]
Rude VC: Taxing times in French asset management
This article was originally posted on Mark Bivens’ personal blog. Capital Finance (part the Les Echos Groupe) features an article today on the discombobulations affecting the country’s tax-incentivized fund structures: FCPIs and FIPs. I’ve written in the past on the perverse effects that these taxpayer-funded structures can have on the venture capital sector. And for […]