France unquote" December 2012/January 2013
As 2012 drew to a close, drama continued to unfold in the ongoing French fiscal soap opera.
In the latest twist, the country's Senate - although controlled by the ruling
Socialist party - dealt a blow to one of the government's most polarising reforms: taxing the windfall generated in the sale of a business as income rather than capital gains.
For several months now, the measure has understandably been sending shivers down the spines of entrepreneurs, but also making buyout houses wary of its impact on primary dealflow.
In the December/ January edition of France unquote":
*The advent of a new fundraising breed
*Trade buyers drag down mid-cap valuations
*The pitfalls of turnaround investing
*And more...
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