FACTSHEET 11
Passing on shares and related taxation
What solutions are available to pass on my shares ?
The elements of taxation in this factsheet apply to French residents for tax purposes.
Passing on your Air Liquide shares to your loved ones, in addition to the share performance, means sharing a strong shareholder culture with them and your commitment to the Group.
FOUR WAYS OF PASSING ON YOUR SHARES
SHARED GIFTS:Anticipated total orpartial allocation of your shares to your children alone |
SIMPLE GIFTS:Anticipated allocation of your shares to the beneficiary of your choice |
HAND-TO-HAND GIFTS:Facilitated passing on of your shares to your loved ones |
CUSTOMARY GIFTS:A present given on a special occasion (wedding, birthday, Christmas, etc.) |
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|---|---|---|---|---|
| Notarial deed and declaration carried out by a notary | Notarial deed and declaration carried out by a notary SHARED GIFTS:Anticipated total orpartial allocation of your shares to your children alone  include |
Notarial deed and declaration carried out by a notary SIMPLE GIFTS:Anticipated allocation of your shares to the beneficiary of your choice include |
Notarial deed and declaration carried out by a notary HAND-TO-HAND GIFTS:Facilitated passing on of your shares to your loved ones non-include |
Notarial deed and declaration carried out by a notary CUSTOMARY GIFTS:A present given on a special occasion (wedding, birthday, Christmas, etc.) not-include |
| Lower inheritance taxes | Lower inheritance taxes SHARED GIFTS:Anticipated total orpartial allocation of your shares to your children alone include |
Lower inheritance taxes SIMPLE GIFTS:Anticipated allocation of your shares to the beneficiary of your choice include |
Lower inheritance taxes HAND-TO-HAND GIFTS:Facilitated passing on of your shares to your loved ones include |
Lower inheritance taxes CUSTOMARY GIFTS:A present given on a special occasion (wedding, birthday, Christmas, etc.) not-include |
| May be added to the grantor’s estate | May be added to the grantor’s estate SHARED GIFTS:Anticipated total orpartial allocation of your shares to your children alone non-include |
May be added to the grantor’s estate SIMPLE GIFTS:Anticipated allocation of your shares to the beneficiary of your choice include |
May be added to the grantor’s estate HAND-TO-HAND GIFTS:Facilitated passing on of your shares to your loved ones (included in the allocation of the grantor’s assets) |
May be added to the grantor’s estate CUSTOMARY GIFTS:A present given on a special occasion (wedding, birthday, Christmas, etc.) not-include |
| Purchase price valued at the average share price on the day of the gift by the notary or at the closing price of the previous trading day | Purchase price valued at the average share price on the day of the gift by the notary or at the closing price of the previous trading day SHARED GIFTS:Anticipated total orpartial allocation of your shares to your children alone include |
Purchase price valued at the average share price on the day of the gift by the notary or at the closing price of the previous trading day SIMPLE GIFTS:Anticipated allocation of your shares to the beneficiary of your choice include |
Purchase price valued at the average share price on the day of the gift by the notary or at the closing price of the previous trading day HAND-TO-HAND GIFTS:Facilitated passing on of your shares to your loved ones not-include |
Purchase price valued at the average share price on the day of the gift by the notary or at the closing price of the previous trading day CUSTOMARY GIFTS:A present given on a special occasion (wedding, birthday, Christmas, etc.) not-include |
| Purchase price valued at the average share price on the day of the tax declaration or, if this is higher, at the average price on the day of the gift | Purchase price valued at the average share price on the day of the tax declaration or, if this is higher, at the average price on the day of the gift SHARED GIFTS:Anticipated total orpartial allocation of your shares to your children alone non-include |
Purchase price valued at the average share price on the day of the tax declaration or, if this is higher, at the average price on the day of the gift SIMPLE GIFTS:Anticipated allocation of your shares to the beneficiary of your choice not-include |
Purchase price valued at the average share price on the day of the tax declaration or, if this is higher, at the average price on the day of the gift HAND-TO-HAND GIFTS:Facilitated passing on of your shares to your loved ones include |
Purchase price valued at the average share price on the day of the tax declaration or, if this is higher, at the average price on the day of the gift CUSTOMARY GIFTS:A present given on a special occasion (wedding, birthday, Christmas, etc.) non-include |
| Loyalty bonus maintained | Loyalty bonus maintained SHARED GIFTS:Anticipated total orpartial allocation of your shares to your children alone include |
Loyalty bonus maintained SIMPLE GIFTS:Anticipated allocation of your shares to the beneficiary of your choice include(maintained if the gift is made to a spouse or relative entitled to inherit) |
Loyalty bonus maintained HAND-TO-HAND GIFTS:Facilitated passing on of your shares to your loved ones include(maintained if the gift is made to a spouse or relative entitled to inherit) |
Loyalty bonus maintained CUSTOMARY GIFTS:A present given on a special occasion (wedding, birthday, Christmas, etc.) include(maintained if the gift is made to a spouse or relative entitled to inherit) |
| Written agreement from both parties required. In order to value the shares passed on, the grantee’s local tax authority must be notified of the gift within one month, using French tax form 2735. A copy of this form must then be sent to Air Liquide’s Shareholder Services Department if you are directly registered, or to your account keeper if you are intermediary registered or bearer. | Written agreement from both parties required. In order to value the shares passed on, the grantee’s local tax authority must be notified of the gift within one month, using French tax form 2735. A copy of this form must then be sent to Air Liquide’s Shareholder Services Department if you are directly registered, or to your account keeper if you are intermediary registered or bearer. SHARED GIFTS:Anticipated total orpartial allocation of your shares to your children alone not-include |
Written agreement from both parties required. In order to value the shares passed on, the grantee’s local tax authority must be notified of the gift within one month, using French tax form 2735. A copy of this form must then be sent to Air Liquide’s Shareholder Services Department if you are directly registered, or to your account keeper if you are intermediary registered or bearer. SIMPLE GIFTS:Anticipated allocation of your shares to the beneficiary of your choice not-include |
Written agreement from both parties required. In order to value the shares passed on, the grantee’s local tax authority must be notified of the gift within one month, using French tax form 2735. A copy of this form must then be sent to Air Liquide’s Shareholder Services Department if you are directly registered, or to your account keeper if you are intermediary registered or bearer. HAND-TO-HAND GIFTS:Facilitated passing on of your shares to your loved ones include |
Written agreement from both parties required. In order to value the shares passed on, the grantee’s local tax authority must be notified of the gift within one month, using French tax form 2735. A copy of this form must then be sent to Air Liquide’s Shareholder Services Department if you are directly registered, or to your account keeper if you are intermediary registered or bearer. CUSTOMARY GIFTS:A present given on a special occasion (wedding, birthday, Christmas, etc.) not-include |
| Must represent a relatively small share of the grantor’s assets | Must represent a relatively small share of the grantor’s assets SHARED GIFTS:Anticipated total orpartial allocation of your shares to your children alone not-include |
Must represent a relatively small share of the grantor’s assets SIMPLE GIFTS:Anticipated allocation of your shares to the beneficiary of your choice not-include |
Must represent a relatively small share of the grantor’s assets HAND-TO-HAND GIFTS:Facilitated passing on of your shares to your loved ones not-include |
Must represent a relatively small share of the grantor’s assets CUSTOMARY GIFTS:A present given on a special occasion (wedding, birthday, Christmas, etc.) include |
| Does not need to be declared to the authorities | Does not need to be declared to the authorities SHARED GIFTS:Anticipated total orpartial allocation of your shares to your children alone not-include |
Does not need to be declared to the authorities SIMPLE GIFTS:Anticipated allocation of your shares to the beneficiary of your choice not-include |
Does not need to be declared to the authorities HAND-TO-HAND GIFTS:Facilitated passing on of your shares to your loved ones not-include |
Does not need to be declared to the authorities CUSTOMARY GIFTS:A present given on a special occasion (wedding, birthday, Christmas, etc.) include |
(a) Transgenerational shared gifts: donation to grandchildren.