Offer shares for end-of-year celebration gifts!
Are you looking for original gift ideas? Why not offer Air Liquide shares? Beyond the financial investment, this gift lets you pass to your loved ones your interest in participating in the economy and your commitment to our Group with!
An advantageous gift
You can offer shares without resorting to a hand-to-hand gift. This is known as a customary gift. The distinction is important because the customary gift is not taxable as regards to the French tax administration, where a hand-to-hand gift is otherwise subject to tax (after the allowance based on family relationship).
For many different occasions
A customary gift is given on a special occasion (end-of-year celebration gift, graduation, birthday, wedding, etc.). There is no limit to the amount defined by the French law, but a customary gift must represent a relatively small part of the grantor’s assets. The French tax administration examines them on a case by case basis.
In civil and fiscal terms, it is generally considered that a customary gift is not added to the grantor’s estate. Unlike simple gift, this gift is therefore not subject to tax: you need neither file declarations nor pay any tax. For the person receiving the customary gift, the capital gain earned in case of sale of the shares will be equal to the net sale amount because the French tax administration applies an acquisition price of zero in this case. A customary gift can be made without notarization. Lastly, between related individuals, the existing rights to the loyalty bonus are retained.
Important note: Transfer of shares and taxation differ from country to country. Ask your financial institution or Shareholder Services.