Yann Le Cun litteraly said this morning on the radio in France that it is headquarted in Paris and will pay taxes in France. Go figure…
Yann Le Cun litteraly said this morning on the radio in France that it is headquarted in Paris and will pay taxes in France. Go figure…
No he said something like “well yes, only for the parts of profits made in France”
Why would it be any other way?
French people have this pipe dream all others french people to pay 75% of what they produce worldwide to pay for their retreats, hospital, useless schools system and all theirs “comité Théodule”
For such companies, France also offers generous R&D tax credits (Crédit Impôt Recherche): companies can recover roughly 30% of eligible R&D expenses incurred in France as a tax credit, which can eventually be refunded (in cash) if the company has no taxable profit.
Is that alongside 100% of R&D expenses amortized in taxes when a company has taxable profit covering them?
Yes indeed, if the company is profitable.
Doesn’t he live in New York himself? Although not sure if that matters depending on his role
There will be no corporate taxes for a long time, so alls good.