How are stocks taxed in France?

Capital gains on the sale of shares are subject to a single flat-rate levy (PFU) of 30\%, also known as flat tax. This is comprised of: Income tax at a rate of 8\% Social security contributions at a rate of 20\%.

How is investment income taxed in France?

For French residents : the 30\% flat-rate levy (of which 12.8\% for income tax and 17.2\% in social levies) applies to investment income including dividends, interest and capital gains on the disposal of securities and shares. The 40\% allowance on dividends and similar income does not apply.

How do I avoid capital gains tax in France?

The standard rate of French capital gains tax for real estate is 19\%, but there are surcharges for higher gains and you also need to pay social charges. However, there are various exemptions and reliefs which could benefit you.

Does France tax foreign income?

Tax residents of France are taxable on their worldwide income, subject to the provisions of the relevant tax treaty. Non-residents are subject to income tax in France on their French-source income only, subject to the provisions of the relevant tax treaty.

Is there a capital gains tax allowance in France?

As we stated in the previous page, the basic rate of capital gains tax is 19\%. Tapered relief against the tax is granted over 22 years of ownership, commencing from the 6th year of ownership, as follows: No allowance for the first 5 years of ownership. Between 6 and 21 years of ownership: 6\% allowance per year.

What is the tax rate in France 2020?

The 2020 Schedule of Income Tax in France is as follows: From 9,965 € to 27,519 € : 14.00\%; From 27,520 € to 73,779 € : 30.00\%; From 73,780 € to 156,244 € : 41.00\%; Over 156,244 € : 45\%.

Does France have a wealth tax?

The solidarity tax on wealth (French: Impôt de solidarité sur la fortune or ISF) was an annual direct wealth tax on those in France having assets in excess of €1,300,000 (since 2011). In September 2017, the Government of France decided to abolish ISF and replace it with the tax on real estate (IFI), from 2018.

How are dividends taxed in France?

Taxation of dividends Dividends received by French resident taxpayers are subject to a flat tax at the rate of 12.8\%, plus the additional social security levy at the rate of 17.2\%, i.e an overall taxation of 30\%.