Part One: State taxes

I. – 1. Subject to the provisions specific to industrial and commercial profits, non-commercial profits and agricultural profits and to Articles 150 UB and 150 UC, net gains from disposals for consideration, made directly, through an intermediary or via a trust, of transferable securities, corporate rights, securities mentioned in 1° of article 118 and to 6° and 7° of l’article 120, rights relating to these values, rights or securities or…

Subject to the provisions of article 150-0 B ter, the provisions of article 150-0 A do not apply, in respect of the year in which the securities are exchanged, to capital gains and losses realised in connection with a public offer, merger, demerger, takeover of a mutual fund by an open-ended investment company, conversion, division, or consolidation, carried out in accordance with the regulations in force or a contribution of…

The gain derived from the contribution, before it is payable in cash, of the claim referred to in the second paragraph of 2 of I of article 150-0 A is deferred, at the express option of the taxpayer, at the time of the transfer, redemption, repayment or cancellation of the securities received as consideration for this contribution or, upon the transfer by the taxpayer of his tax domicile outside France…

I. – Taxation of the capital gain realised, directly or through an intermediary, in connection with a contribution of transferable securities, corporate rights, securities or rights relating thereto as defined in article 150-0 A to a company subject to corporation tax or an equivalent tax is deferred if the conditions set out in III of this article are met. The taxpayer mentions the amount of the capital gain in the…

I. – Taxation of capital gains derived from the sale for valuable consideration or redemption of shares in an open-ended investment company or units in a mutual fund, as well as from the dissolution of such entities, may be deferred under the conditions set out in II. II. – The benefit of deferred taxation is subject to compliance with the following conditions. A. – The company or fund referred to…

I. – In the event of a withdrawal of cash from an account defined in article L. 221-32-4 of the Monetary and Financial Code, the net gain referred to in 2 ter of II of article 150-0 A of this code is made up of the balance of the distributions referred to in 7 and 7 bis of the same II and in 1 of II of article 163 quinquies…

I. 1. The taxation of capital gains derived from the disposal of securities mentioned in I of article 150-0 A may, if the proceeds of the disposal are invested, before 31 December of the year following that of the disposal, in a cash subscription to the capital of a company whose securities, on the date of the subscription, are not admitted to trading on a regulated market, be deferred until…

1. The net gains referred to in I of article 150-0 A are made up of the difference between the effective price of the transfer of the securities or rights, net of the costs and taxes paid by the transferor, and their effective acquisition price by the latter less, where applicable, the tax reductions effectively obtained under the conditions provided for in article 199 terdecies-0 A, or, in the event…

2° The transferor must 2° The transferor must: a) Have held one of the following positions in the company whose securities or rights are being sold, continuously over the five years preceding the sale: -manager appointed in accordance with the Articles of Association of a limited liability company or a partnership limited by shares; -nominee partner of a partnership; -chairman, chief executive, chairman of the supervisory board or member of…

The net gains and distributions mentioned in I and II of article 150-0 A must be declared under the conditions set out in 1 of the article 170.