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10/13/08

FT.com - France eyes local tax overhaul - by Ben Hall in Paris

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France eyes local tax overhaul - by Ben Hall in Paris

The French government is to reform the country’s system of local taxation within three years in a bid to improve the competitiveness of its business, according to the industry minister. Luc Chatel told the Financial Times that Paris would initiate an overhaul of the taxe professionnelle in the new year and aim to put the changes in place before the end of President Nicolas Sarkozy’s five-year term, which ends in 2012.

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