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Sarkozy May Increase French Value-Added Tax Rate to 21.2%, Le Monde Says

By Fabio Benedetti-Valentini - 2012-01-28T15:50:49Z

French President Nicolas Sarkozy plans to announce tomorrow the value-added tax will be increased by 1.6 percentage points to 21.2 percent, Le Monde reported on its website today, without saying where it got the information.

To contact the reporter on this story: Fabio Benedetti-Valentini in Paris at fabiobv@bloomberg.net

To contact the editors responsible for this story: Frank Connelly at fconnelly@bloomberg.net; Edward Evans at eevans3@bloomberg.net

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