FACTSHEET 10
Tax return
How to declare your 2021 income tax on your 2020 income?
The elements of taxation in this factsheet apply to French residents for tax purposes.
When you fill out your tax return in 2021, you will have the choice between the 30% flat tax and the current mechanism for the taxation of your investment income, including dividends received in 2020 and capital gains made in 2020.
CHOICE OF TAXATION METHOD
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 from sales using both methods before making your decision.
PAYMENT OF TAX
Tax on capital gains and losses on sales of investment securities must be paid to the tax authorities in September 2021.
CAPITAL GAINS TAX ON SALES
Flat tax (by default): 30%
Social contributions: 17.2% on all capital gains, without deduction
➕
Regardless of the acquisition date of shares
Income tax: 12.8% on capital gains without deduction
or
I opt for income tax, 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 after 01/01/2018
Progressive scale of income tax without the application of a deduction for seniority
(a) The deduction stands at 50% for a share seniority of between two and less than eight years, 65% for share seniority of at least eight years.