The French President has announced an increase in the standard rate of VAT to 21.2% (from 19.6%) to take effect from 1st October 2012. The proposal has not yet been adopted by Parliament. However, the outcome of the French Presidential election could interfere with this law being within this time-frame and without adjustments.

The proposed increase in the VAT rate on books from 5.5% to 7% has been deferred until 1st April 2012 (originally planned to come into force on 1st January 2012).  The increase on e-books will take effect from 1st January 2012.