France could revise a planned increase in capital gains tax to give more incentives to startups, Le Monde reported, citing an interview with Digital-Economy Delegate Minister Fleur Pellerin.
The government will discuss “refining” its taxation plans with small-business owners, Pellerin said, according to the newspaper. Adjustments could be made to how long an entrepreneur has to hold a company before his capital gains tax rate is lowered, she said.
“We want to tax capital gains from real-estate, stocks, art,” Pellerin was quoted as saying in the French daily newspaper. “We certainly don’t want to discourage entrepreneurship and risk taking.”