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FRENCH TAX LAWS – FAVORING R&D OVER REVENUE 7CIR: Subsidized R&D up to €100M JEI Status: Subsidized employment of designers & developers1st year: 40%2nd year: 35% 20% tax on top of salaryEvery yearonwards: 35% € 40K salary = you pay €48KAll R&D beyond instead of €60K€100M subsidizedat 5% OSEO: €650M SMB Grants for innovation, expansion, and R&D

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