ARE MY TOTALENERGIES
SHARES HELD IN A PEA
BLOCKED?
• If they are sold and the sale price remains
in the PEA, they are not taxed.
• If the shares are sold and/or the shares
or sale proceeds are withdrawn from the PEA,
the following tax consequences apply according
to the regulations:
- If it occurs within f ive years from the time
the PEA was opened, the PEA is closed
(1)
on the date of the withdrawal and the net
gain realized in the plan is taxed at the single
f lat rate of 12.8%, except if taxation under
the ordinary income tax regime - progressive
scale - is chosen, and is subject to social
contributions.
- If it occurs after the f ifth year, partial
withdrawals are tax-exempt; the account
no longer needs to be closed and new
investments remain possible.
CAN MY TOTALENERGIES PEA
SHARES BE REGISTERED
TotalEnergies shares held in a PEA can be
registered if you request your bank or broker
to do so but we discourage shareholders from
declaring PEAaccount shares as registered
shares see page 18
© V P A U L T o t a l E n e r g i e s