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APR 29, 2013 - Boston Herald

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Bowing in 'pigeon' fight, France slashes taxes

PARIS — President Francois Hollande announced on Monday a series of measures to encourage the French entrepreneurial spirit, including drastic cuts in capital gains taxes — up to 65 percent — for the sale of small companies and a plan to make France start-up friendly.Hollande, looking to stimulate flagging growth and cut into the nation's 10.6 percent jobless rate, also ordered the Interior Ministry to introduce visas for foreign entrepreneurs, and to speed up the process to make the country more attractive to foreign professionals.

Tags: Bowing in 'pigeon' fight, France slashes taxes,  Hollande Latest News