France, with a newly elected Socialist President, and under pressure to address its huge budget deficit, is considering the introduction of a tax on liposuction and other cosmetic surgery procedures.
Up until now, there has been no TVA, or Sales Tax on medical procedures. However, the new French government, under Francois Hollande, is considering changing the tax code that has, until now, helped Parisians shed their excess pounds the easy way. Already the French tax authorities have issued a finding that operations for aesthetic, rather than medical reasons, should be subject to the country’s 19.6 per cent sales tax. If liposuction is deemed to be purely aesthetic, as is likely, the average price of liposuction in France will increase by as much as $2,500.
The French President has promised to tax the rich, and the inclusion of liposuction on the tax hit list might play well to his supporters.