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France’s Hollande to ease entrepreneurs’ capital gains tax

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PARIS (Reuters) – President Francois Hollande will propose next week easing entrepreneurs’ capital gains tax, an official in his office told French media on Friday, as the Socialist leader struggles to win the confidence of business owners. Hollande’s government had planned last year to raise capital gains tax on business owners early in its mandate, but backed down after a high-profile revolt and warnings the move would drive start-up companies abroad. . . .

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