Fixed rate income tax paid as a flat tax

will become definitive, except if taxation

on a progressive scale is chosen.

Case 1: your dividends are subject to the 12.8% flat income

tax (PFU)

Example

A shareholder who in 2024 is entitled to a €3.01 dividend

per TotalEnergies share and who owns 500 shares not

held in a PEA, will receive a net dividend of €1,053.50.

A 30% flat tax, i.e. €451.50, will be withheld at source

(without any tax allowance or deduction of share

acquisition or retention costs) from the gross dividend

revenue of €1,505 (500 x €3.01).

Case 2: You can choose to have your dividends taxed under

the ordinary income tax regime (progressive scale).

• If you consider it more advantageous, you can choose

this option when filling out your annual income tax return.

• This option has to be done on an annual basis. The option

is irreversible and applies to all income that falls within

the scope of the PFU (i.e. including dividends and capital

gains on the sale of shares).

• Your dividends will be included in your annual income

after application of a 40% tax allowance and deduction

of the share acquisition and retention costs. They will be

subject to the progressive scale income tax rate applying

to all your annual income.

In both cases, the 12.8% flat rate levy withheld at source

on your dividends will be deducted from taxes due, and

any excess will be reimbursed to you.

1.2

Dividends must be reported

in your annual income tax return

Your dividends are considered as income and must be

reported in your annual income tax return, whatever

the taxation regime chosen (PFU or progressive scale).

In practice, your annual income tax return will be

prefilled with the information provided by your bank and

it will be up to you to check the amounts.

Dividends are subject

to social contributions

• These social contributions are withheld at source by

the bank (even when the shareholder is exempted from

the 12.8% income tax levy withheld at source). They are

applied to the gross dividend amount at the overall rate

of 17.2%

(1)

.

• However, 6.8% of the CSG is deductible from the taxable

income in the year of the payment, but only if you have

chosen to have your dividends subject to the ordinary

income tax regime progressive scale

NB Taxpayers registered with a social security regime

in the European Economic Area excluding France or in

Switzerland are exempt from CSG and CRDS but remain

subject to the new social security payment withheld at

the rate of 75

1.3

1.4

© V E R S I A N I A r i - T o t a l E n e r g i e s

1 CSG 92 CRDS 05 New social security payment 75

16 I 17