The "Wealth Tax" (Impôt sur la fortune) can be cut in half via investment into SMEs. Pro-tip when you raise capital in France: do it early in the fiscal year, a

The "Wealth Tax" (Impôt sur la fortune) can be cut in half via investment into SMEs. Pro-tip when you raise capital in France: do it early in the fiscal year, as April is the deadline for this tax avoidance scheme ;) There are lots of tax optimisations in the french tax code. The weirdest one has to be investment into "sofica" companies, which are shell companies for movie productions. You have to make sure that the movie will fail to maximise your tax credit. So you have to pick wisely: do not invest in the next Asterix or Luc Besson movie, you'd end up loosing money to the IRS. That's one of the reasons hollywood accounting is also a thing in France. The idea is not to massively undercut the author, but to make sure the investors aren't hit with back taxes!