Shareholder's factsheets 2022

Factsheet 11: Passing on shares and related taxation

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.)
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.