Shareholder's factsheets 2022

Factsheet 10: Tax return

DIVIDEND TAXATION

(regardless of the acquisition date of shares)

Flat tax 30 %

30% on the gross amount of dividends (without taking into account the 40% deduction)

or

I opt for income tax, on a progressive scale

Social contributions: 17.2%

+

Income tax based on a progressive scale on the amount of gross dividends after the 40% deduction

HOW TO COMPLETE YOUR TAX RETURN

To help you choose between the tax methods available to you and make an informed choice, before you complete your tax return for 2021 income, we recommend using the tax authorities’ simulator on the impots.gouv.fr website.

You must select an option:

Option A: 

  1. I opt for the 30% “flat tax”
    I leave box 2OP unticked
  2. The amount of my dividend which is pre-completed by the tax authorities is shown in box 2BH (Revenus déjà soumis aux prélèvements sociaux avec CSG déductible si option barème) and an advance withholding tax payment deducted when the dividend was paid is shown in box 2CK (Prélèvement forfaitaire non libératoire déjà versé).
  3. In the event of a capital gain on a sale, I must complete the amount of my capital gain in box 3VG (Plus-value sans application d’abattement) without taking into account the deduction for seniority.

or

Option B: 

  1. I opt for income tax, on a progressive scale 

    I tick box 2OP

  2. The amount of my dividend which is pre-completed by the tax authorities is shown in box 2BH (Revenus déjà soumis aux prélèvements sociaux avec CSG déductible si option barème) and an advance withholding tax payment deducted when the dividend was paid is shown in box 2CK (Prélèvement forfaitaire non libératoire déjà versé).
  3. In the event of a capital gain on a sale, I must complete the amount of my capital gain in box 3VG (Plus-value sans application d’abattement) without taking into account the deduction for seniority.
  4. I fill in any deductions for in box 3SG (Abattement pour durée de détention de droit commun) of the 2042C form.

Note: the boxes and forms listed in the table above will be announced by the tax authorities in April 2022, after the date of diffusion of this document. We invite you to check that these elements are correct. If you have any questions, the tax authorities are your first point of contact.

Focus on
THE PAYMENT OF TAX ON DIVIDENDS RECEIVED IN 2022 IS CARRIED OUT IN TWO STAGES:
  1. In 2022, when dividends are paid
    • If you have sent a request to your account manager for exemption from the advance withholding before November 30, 2021 only the social contributions of 17.2% will be withheld;
    • If you do not fulfill the requirements to benefit from this exemption before November 30, 2021, social contributions of 17.2% will be withheld along with an advance with holding of 12.8%, i.e. a total advance withholding of 30%.
  2. The balance will be applied in 2023 when you pay your 2022 income tax of your investment income, according to the taxation method chosen.