a) Removing the ratio of 6% in investment in companies whose capital is between 100,000 euros and two million in the quota of 60%.
b) Carried interest : the tax reduction no longer applies to shares of mutual funds in innovation giving rise to different rights on net assets or income of the fund, allocated according to the quality of the person (alignment with the regime of FIP).
9 Entry into force
a) direct subscriptions or through a holding company :
The changes apply to sales made in companies as of 10/13/10 (except for the requirement of the existence of two employees to apply to 1.1.11) the condition of exclusion of activity photovoltaic apply from 29/09/10.
b) via a fund Subscriptions :
The changes apply to sales in investment funds that have been made on or after 1 January 2011.
In addition, the reporting requirements with the AMF apply to amounts invested by the fund as of 1 January 2011.
However, investments by the funds ISF made before 1 January 2011 and implemented from that date through subscriptions received as of September 29, 2010 are included in the quota of 60% that subject to compliance with the conditions (a, b, d and e of paragraph 3 of this letter).
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