Equities - rates, eligibility, availability of relief etc. - France (securities held in CBF)
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:
- 26.5% for all undisclosed entities;
- A 12.8% standard rate applies to foreign individuals.
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 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 |