Article 117 quater of the French General Tax Code
I.-1. Individuals domiciled in France for tax purposes within the meaning of article 4 B who benefit from distributed income mentioned in articles 108 to 117 bis and 120 to 123 bis are subject to a levy at the rate of 12.8% . For the calculation of this levy, the income mentioned in the first paragraph of this 1 is retained for its gross amount. However, natural persons belonging to…