French could have a one-year tax break

French could have a one-year tax break

French finance minister suggests a one-year tax break

The French could be given a year off from paying income tax, according to its
finance minister
Thierry
Breton
.

He said the waiver could be made while France switches to a PAYE tax system.

But the comments were dismissed by
Francois
Hollande
, leader of the opposition, who said: ‘It’s pure electoral
extravagance to let French people think they won’t pay tax in 2008.’

Further reading:

UK wins backing from France in carousel
fraud battle

French scupper UK’s anti-carousel fraud
efforts

Finance professional optimistic about world
economy

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