The levy one-time lump sum (PFU) or “flat tax” disrupts the taxation of capital. Since January 1, 2018, this tax of 30 % comprising income tax and social security taxes applies to all income from assets (interest, dividends, gains on the disposal of securities).
The holding of shares or fund units or sicav by a securities account is now much more attractive. Previously, on this type of account, the income of the taxpayers located in the bottom marginal tax (45 %) were taxed at over 60 % (with social taxes of 15.5 %). The “flat tax” will allow them to go back down to an overall rate of 30 %. Those imposed within the brackets marginal higher (30 %, 41 % or 45 %) will therefore be the major beneficiaries of the reform. The levy one-time lump sum (PFU) is all the more interesting for them that the securities represent a large part of the heritage of the wealthiest taxpayers.
“In addition, they are free : the PFU is an option that the taxpayer may or may not choose,” says Stéphane Absolute, director of the centre of expertise heritage in Cyrus Council. Those who wish may continue to be taxed on the portion of the marginal taxation of their income tax for the securities acquired before 1 January 2018. Be careful, however, when the taxpayer opts for the been ABLE, he has no right to tax allowances for duration of ownership for capital gains, nor to the lump-sum allowance of 40 % for dividends. “But the deletion is not retroactive, insists Valerie Bentz, head of the studies department the heritage of the Union financière de France. This means that those who received allowances at 1 January 2018 will retain. “
Custody fees are negotiated
Finally, it should be noted that the securities account has an advantage over life insurance :…