Equities - rates, eligibility, availability of relief etc. - France (securities held in CBF)
Withholding Tax
| Standard rate of withholding tax: | 25%a | Holding requirements / restrictions: | No |
a. 30% until 31 December 2019, 28% until 31 December 2020 and 26.5% until 31 December 2021, 25% as of 1 January 2022
The rate of withholding tax on dividends from French equities depends on the equity type, as follows.
Ordinary equities:
The standard rate of withholding tax on dividends from ordinary French equities is:
- 25% standard rate for all undisclosed entities;
- 12.8% standard rate for foreign individuals.
Availability of relief
Click on the image for a larger view of the diagram showing the availability of relief at source and/or reclaim of withholding tax on income from French equities.
| Eligible beneficial owners | Relief at Source | Quick Refund | Standard Refund |
Residents of Double Taxation Treaty (DTT) countries | Yes | Yes | Yes |
Foreign individuals | Yes | Yes | Yes |
Foreign Collective Investment Vehicles (CIVs) | Yes | Yes | Yes |
EU parent companies | Yes | Yes | Yes |
Not-for-Profit Organisations | Yes | Yes | No |
Foreign exempt entities | Yes | Yes | No |
Particular Foreign entities | Yes | Yes | Yes |
French resident (direct customer) | Yes | Yes | No |