Factsheet 10
Your Tax Return in 2024
The elements of taxation in this Factsheet apply to French residents for tax purposes.
10
The method of taxation of investment income, including dividends received and capital gains realized in 2023, can be chosen between:
-
the Single Flat Tax (flat tax or, in French, Prélèvement Forfaitaire Unique or PFU) of 30%;
-
Income tax (in French IR) on a progressive scale.
You may choose a different taxation mechanism each year and this mechanism will apply to all of your investment income. Air Liquide therefore advises you to assess your overall taxation of dividends and capital gains using both methods before selecting one of the two options.
Capital gains taxation
Option A
Flat tax (PFU), 30%
- Social contributions: 17.2% on all capital gains, without deduction
- Income tax: 12.8% on capital gains without deduction Regardless of the acquisition date of shares
Option B
Income tax (IR) on a progressive scale
- Social contributions: 17.2% on all capital gains, without deduction
- Shares acquired before 01/01/2018 Progressive scale of income tax after the application, where applicable, of a deduction for seniority (a).
- Shares acquired from 01/01/2018 Progressive scale of income tax without the application of a deduction for seniority
Dividend taxation
Option A
Flat tax (PFU), 30%
- Social contributions: 17.2% on the gross amount of dividends, without deduction
- Income tax: 12.8% on the gross amount of dividends, without deduction
Option B
Income tax (IR) on a progressive scale
- Social contributions: 17.2% on the amount of gross dividends without deduction
- Income tax based on a progressive scale on the amount of gross dividends after the 40% deduction
(a) The deduction amount is 50% for a seniority of between two and eight years, and 65% for a seniority of at least eight years.