France launches nationwide investigation into a major VAT revenue shortfall
- World Tax & Law Editorial Team
- 3 days ago
- 2 min read
France has initiated an urgent nationwide investigation after identifying a substantial shortfall in value-added tax revenue —a discrepancy approaching €10 billion. Initial fiscal projections for 2025 estimated VAT receipts at €101.4 billion, but updated forecasts have revised this figure down to roughly €96.5 billion. The magnitude of this gap has raised significant concerns within the French government, prompting immediate scrutiny by the Ministry for Public Accounts.
