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Hm, Singapour looks more like "one of their base"; they will have offices in Paris, Montréal, Singapour and New York (according to both this article and the interview Yann Le Cun did this morning on France Inter, the most listened radio in France).

Of course, each relevant newspaper on those areas highlight that it's coming to their place, but it really seems to be distributed.

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All your base are belong to Yann LeCun.
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Probably just a satellite office.

Might be to be close to some of Yann's collaborators like Xavier Bresson at NUS

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That's a Singaporian newspaper, though; not sure if it's objectively their main base, or just one of them
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Which would be a good idea, as a European. I'd hate to see the investment go to waste on taxes that are spent on stupid shit anyway. Should go into R&D not fighting bureaucracy.
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"Show me the incentive and I will show you the outcome."

Almost certainly the IP will be held in Singapore for tax reasons.

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> they are setting up in Singapore as their base

Europe in general has been tightening up their rules / taxes / laws around startups / companies especially tech and remote.

It's been less friendly. these days.

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Yann Le Cun litteraly said this morning on the radio in France that it is headquarted in Paris and will pay taxes in France. Go figure…
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No he said something like “well yes, only for the parts of profits made in France”
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Why would it be any other way?
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French people have this pipe dream all others french people to pay 75% of what they produce worldwide to pay for their retreats, hospital, useless schools system and all theirs “comité Théodule”
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For such companies, France also offers generous R&D tax credits (Crédit Impôt Recherche): companies can recover roughly 30% of eligible R&D expenses incurred in France as a tax credit, which can eventually be refunded (in cash) if the company has no taxable profit.
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Is that alongside 100% of R&D expenses amortized in taxes when a company has taxable profit covering them?
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Yes indeed, if the company is profitable.
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Doesn’t he live in New York himself? Although not sure if that matters depending on his role
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There will be no corporate taxes for a long time, so alls good.
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This is a singaporean news article from a singporean company[0] (Had to look it up)

As such, They are more likely to talk about singapore news and exaggerate the claims.

Singapore isn't the Key location. From what I am seeing online, France is the major location.

Singapore is just one of the more satellite like offices. They have many offices around the world it seems.

[0]: https://www.sgpbusiness.com/company/Sph-Media-Limited

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> Europe in general has been tightening up their rules / taxes / laws around startups / companies especially tech and remote.

Like? Care to provide any specific examples? "Europe" is a continent composed of various countries, most of which have been doing a lot to make it easier for startups and companies in general.

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