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Income tax - Capital gains on securities

Verified 07 avril 2022 - Legal and Administrative Information Directorate (Prime Minister)

If you are a tax resident in France and you realise a gain by selling a security (a share or a bond for example), you will have to pay tax on this capital gain. This tax will be paid the year following the sale.

If you made a gain by selling a title (e.g. share or bond) that you own, you will be taxable on the gain realised.

Certain capital gains are exempt, conditions, in particular in the following cases:

The taxable capital gain is the gain you realise by selling a security. This is the difference between:

  • Purchase price of title
  • Title Sales Price

In the case of a loss of value, the loss may be deducted from a similar gain of value, subject to certain conditions.

Example :

In 2021, you sold "A" securities that allowed you to earn €3,000, and "B" titles that caused you to lose €4 000.

You therefore incur a capital loss €1 000 (€3,000 - €4 000). This loss can be deducted from your 2021 earnings, or the following year if you have no gain.

In general, the financial institution that manages your securities calculates your capital gains and capital losses. He gives you a summary of your situation to complete your tax return.

The surplus value realised shall be subject to the single flat-rate levy at the rate 30% (12,8% and 17,20% of social).

However, you can choose the progressive scale. The taxable capital gain must then be added to your other income on your tax return. The overall amount is then submitted to progressive scale of income tax. You will also have to pay 17,20% of social.

You must report your earnings with the income in the year you sold the security.

Generally, the financial institution that holds your securities will provide you with a summary of your situation to complete your tax return.

You can refer to the supporting documents submitted by the financial institutions (Form 2561 TER):

Summary return on securities transactions and income from movable assets

Cerfa n° 11428 - Ministry of Finance
Other number : 2561

The 2022 2021 income tax return commenced on April 7, 2022.

The deadline varies depending on whether you file your return on paper or online.

Online Declaration

Deadline to file your tax return online

Department

Reporting deadline

1 to 19

Tuesday 24 May 2022 at 23:59

20 to 54 (including 2A and 2B)

Tuesday 31 May 2022 at 23:59

55 to 974/976

Wednesday 8 June 2022 at 11.59pm

Non-residents

Tuesday 24 May 2022 at 23:59

2022 Online 2021 Income Statement

Ministry of Finance

Paper Declaration

The tax return must be filed before Thursday 19 May 2022 at 23:59, including for foreigner residents.