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by Lisa A. Grimaldi | November 14, 2012

 The French government will increase its valued-added tax in 2014 to boost its economy, according to press reports. The measure will raise the VAT on on restaurant food and hotel rooms from 7 percent to 10 percent. The general VAT, levied on a vast number of other charges such as alcoholic beverages, will increase from 19.6 percent to 20 percent.