French tax revenue for 2008 will be between 10 billion euros ($13.riginal plans, Budget Minister Eric Woerth said on Sunday. Speaking on Europe 1 radio, Woerth noted the original 2008 budget had forecast 271 billion euros in tax revenue. "In fact, I think we will be around 260, that's to say there will be a gap of 10 to 12 billion euros compared with the forecast.
That's about 5 percent," he said. Company tax revenue would be about 4 to 4.5 billion euros below initial estimates, while sales tax receipts were also weaker, he said.
He said the 2008 deficit would be impacted by the shortfall. "We were hoping that the deficit would be of the order of 51 to 52 (billion euros). In fact, it will be around 56 or 57 billion euros," he said, adding that more detailed estimates would be available by the end of the month or early February.