24

E D I T O R I A L T H E C O M P A N Y T H E T O T A L E N E R G I E S S H A R ET H E T A X A T I O N S H A R E H O L D E R R E L A T I O N S

01

You are a French

resident

(1)

These measures apply to

dividends and interim dividends.

(2)

Shareholders who are tax

residents in France must be aware

that the information provided

is simply a summary of the tax

system applicable to them in the

current state of tax law and that

their specif ic situation will need to

be examined with their tax advisor

Upon payment, your dividends are subject

to a levy withheld at source at the overall rate

of 30%, which corresponds to:

• An advance payment of the income tax

at the rate of 12.8%

• Social contributions at the overall rate of 17.2%

(see point 1.4 below).

These levies are withheld at source by your bank

or broker on the gross dividend amount.

However, a taxpayer whose reference taxable

income, two years before, was less than

€50,000 (for a single, divorced or widowed

person or 75000 for a couple f iling a joint

tax return can be exempted from the 128

withholding income tax levy To benef it from

this exemption she must send a request to

his bank every year certifying that she meets

these conditions The f inancial institution

holding the shares must receive the request

no later than November 30 for you to benef it

from it the next year

UPON DIVIDEND PAYMENT, A 30%

LEVY IS WITHHELD AT SOURCE

BY THE BANK OR BROKER