France discovers €12bn annual VAT shortfall

Author (Person) ,
Series Title
Series Details 20.2.07
Publication Date 20/02/2007
Content Type

France is suffering a massive shortfall in value added tax receipts that is costing the taxpayer €7.3bn to €12.4bn a year, according to the national tax auditor, the Conseil des prélèvements obligatoires in a report issued March 2007.

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