Equities - rates, eligibility, availability of relief etc. - France (securities held in BNP Paribas Securities Services)

04.02.2021

Withholding Tax

Standard rate of withholding tax:

26.5%a

Holding requirements / restrictions:

No

a. 30% until 31 December 2019 and 28% until 31 December 2020.

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 30%.

Eligible beneficial owners are, upon submission of the required certification, entitled to relief at source via the simplified procedure.

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 ownersRelief at SourceQuick RefundStandard Refund

Residents of Double Taxation Treaty (DTT) countries

Yes

No

Yes

EU/EEA-DTT resident individuals

Yes

No

No

EU parent companies

Yes

No

Yes

Non-Profit Organisations

Yes

No

Yes

Particular Foreign entities

Yes

No

Yes

Foreign Collective Investment Vehicles (CIVs)

Yes

No

No