A f o r m a l p r o c e d u r e

How are share gifts taxed ?

Gifts may be subject to taxes after application of a

possible tax allowance . Tax amounts depend on the family

relationship with the beneficiaries . When payable , they are

usually paid by the beneficiary , but the donor can bear

their cost without increasing the value of the gift .

1

Shareholders who are tax residents in France must be aware that the information provided

is a summary of the rules applicable to them according to the current tax law and that

their specific situation will need to be examined with their tax advisor

N . B . In some cases ,

a reduction may apply

( in particular for donations

to people with disabilities ,

even where the donor and

beneficiary are unrelated ) .

A DONATION INTER - VIVOS

• Occasion : assets settlement before death

• Characteristics :

- It is an excellent way of rewarding your children in the long term

- Is recorded in an authentic deed signed before a notary , and the donor

can continue to receive the dividends on the assets transferred

- Cannot be returned to the estate to be included in the inheritance

- May reduce inheritance taxes

A GIFT TO A SPOUSE

• Occasion : at any time

• Characteristics :

- Must be signed in the presence of a notary ; its distinctive feature is that

it can be overturned ( except if the gift was part of a marriage contract ) ,

even without the other spouse ’ s consent

- It takes effect on the day of the donor ’ s death

A SIMPLE GIFT

Occasion at any time

Characteristics

Must be signed in the presence of a notary

Cannot be overturned save in exceptional cases

May be subject to specific clauses

OR

OR

GREEN BLUE RED

30 - 34 Rue du Chemin Vert 75011 Paris

+ 33 ( 0 ) 1 85 56 97 00 www . carrenoir . com

Ce fichier est un document

d ’ exécution créé sur Illustrator

version CS6 .

TECHNIQUE TONS RECOMMANDÉS

TOTAL

TOT _ 21 _ 00008 _ TotalEnergies _ Logo _ RGB

JFB

Date : 26 / 05 / 2021

S h a r e h o l d e r s ' G u i d e