{"id":3193,"date":"2022-04-20T17:37:34","date_gmt":"2022-04-20T15:37:34","guid":{"rendered":"https:\/\/valluis-avocats.com\/?p=3193"},"modified":"2025-01-31T11:01:02","modified_gmt":"2025-01-31T10:01:02","slug":"fiscalite-des-cessions-de-titres-personnes-physiques-residentes-francaises","status":"publish","type":"post","link":"https:\/\/valluis-avocats.com\/index.php\/2022\/04\/20\/fiscalite-des-cessions-de-titres-personnes-physiques-residentes-francaises\/","title":{"rendered":"Fiscalit\u00e9 des cessions de titres &#8211; Personnes physiques r\u00e9sidentes fran\u00e7aises"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"3193\" class=\"elementor elementor-3193\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ea57bfb elementor-section-full_width elementor-section-stretched elementor-section-height-default elementor-section-height-default\" data-id=\"ea57bfb\" data-element_type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-47ce83a\" data-id=\"47ce83a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-76f4a3b elementor-hidden-mobile elementor-widget elementor-widget-image\" data-id=\"76f4a3b\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.6.0 - 21-03-2022 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img width=\"6912\" height=\"2304\" src=\"https:\/\/valluis-avocats.com\/wp-content\/uploads\/2022\/04\/Rectangle-titres.png\" class=\"attachment-full size-full\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/valluis-avocats.com\/wp-content\/uploads\/2022\/04\/Rectangle-titres.png 6912w, https:\/\/valluis-avocats.com\/wp-content\/uploads\/2022\/04\/Rectangle-titres-300x100.png 300w, https:\/\/valluis-avocats.com\/wp-content\/uploads\/2022\/04\/Rectangle-titres-1024x341.png 1024w, https:\/\/valluis-avocats.com\/wp-content\/uploads\/2022\/04\/Rectangle-titres-768x256.png 768w, https:\/\/valluis-avocats.com\/wp-content\/uploads\/2022\/04\/Rectangle-titres-1536x512.png 1536w, https:\/\/valluis-avocats.com\/wp-content\/uploads\/2022\/04\/Rectangle-titres-2048x683.png 2048w, https:\/\/valluis-avocats.com\/wp-content\/uploads\/2022\/04\/Rectangle-titres-1200x400.png 1200w, https:\/\/valluis-avocats.com\/wp-content\/uploads\/2022\/04\/Rectangle-titres-1980x660.png 1980w\" sizes=\"(max-width: 6912px) 100vw, 6912px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4d2883d elementor-hidden-desktop elementor-hidden-tablet elementor-widget elementor-widget-image\" data-id=\"4d2883d\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img width=\"364\" height=\"364\" src=\"https:\/\/valluis-avocats.com\/wp-content\/uploads\/2022\/04\/Carre-titres-1.png\" class=\"attachment-full size-full\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/valluis-avocats.com\/wp-content\/uploads\/2022\/04\/Carre-titres-1.png 364w, https:\/\/valluis-avocats.com\/wp-content\/uploads\/2022\/04\/Carre-titres-1-300x300.png 300w, https:\/\/valluis-avocats.com\/wp-content\/uploads\/2022\/04\/Carre-titres-1-150x150.png 150w\" sizes=\"(max-width: 364px) 100vw, 364px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-086ec28 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"086ec28\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f0088ea\" data-id=\"f0088ea\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-f4d7981 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f4d7981\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-77c19fc\" data-id=\"77c19fc\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cc8a9aa elementor-hidden-desktop elementor-widget elementor-widget-spacer\" data-id=\"cc8a9aa\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.6.0 - 21-03-2022 *\/\n.e-container.e-container--row .elementor-spacer-inner{width:var(--spacer-size)}.e-container.e-container--column .elementor-spacer-inner,.elementor-column .elementor-spacer-inner{height:var(--spacer-size)}<\/style>\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a629ffb elementor-widget elementor-widget-text-editor\" data-id=\"a629ffb\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.6.0 - 21-03-2022 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#818a91;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#818a91;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Nathalie Valluis, Avocate &#8211; Janvier 2025<\/p><p>\u00a0<\/p><p>Les plus-values de cessions de titres sont soumises au m\u00eame r\u00e9gime fiscal de droit commun que les int\u00e9r\u00eats et dividendes. En revanche, le r\u00f4le de l&rsquo;\u00e9tablissement payeur et l&rsquo;impact de l&rsquo;option pour le bar\u00e8me progressif sont sensiblement diff\u00e9rents.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dd16251 elementor-widget elementor-widget-spacer\" data-id=\"dd16251\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-433d593 elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"433d593\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.6.0 - 21-03-2022 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h3 class=\"elementor-heading-title elementor-size-default\">PAS D'INTERVENTION DE L'ETABLISSEMENT PAYEUR<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d225136 elementor-widget elementor-widget-spacer\" data-id=\"d225136\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f847002 elementor-widget elementor-widget-text-editor\" data-id=\"f847002\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>En cas de paiement de dividendes et int\u00e9r\u00eats, l&rsquo;organisme qui verse les revenus au b\u00e9n\u00e9ficiaire (\u201c\u00e9tablissement payeur\u201d) a des obligations fiscales : pr\u00e9l\u00e8vement \u00e0 la source d&rsquo;un acompte de 12,8% et des pr\u00e9l\u00e8vements sociaux, gestion \u00e9ventuelle des demandes de dispenses (voir Articles sur les int\u00e9r\u00eats et les dividendes).<\/p><p>\u00a0<\/p><p>Rien de tel pour les titres. <span style=\"text-decoration: underline;\"><strong>Le c\u00e9dant re\u00e7oit l&rsquo;int\u00e9gralit\u00e9 du prix de cession.<\/strong><\/span> <strong>La taxation, en cas de plus-value (prix de vente sup\u00e9rieur au prix d&rsquo;acquisition des titres),<\/strong> <strong>sera effectu\u00e9e par l&rsquo;administration fiscale (imp\u00f4t sur le revenu et pr\u00e9l\u00e8vements sociaux), sur la base de la d\u00e9claration de revenus<\/strong> d\u00e9pos\u00e9e en mai\/juin de l&rsquo;ann\u00e9e suivant la cession (mai\/juin 2025 pour les ventes r\u00e9alis\u00e9es en 2024).<\/p><p>\u00a0<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-bd72406 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"bd72406\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-fc3a317\" data-id=\"fc3a317\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-60857bb elementor-widget elementor-widget-spacer\" data-id=\"60857bb\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-364574e elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"364574e\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">CALCUL DE L'IMPOT SUR LE REVENU\n<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-359c01f elementor-widget elementor-widget-spacer\" data-id=\"359c01f\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ba382d5 elementor-widget elementor-widget-text-editor\" data-id=\"ba382d5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>L&rsquo;imp\u00f4t s&rsquo;applique \u00e0 la plus-value globale nette, c&rsquo;est \u00e0 dire apr\u00e8s imputation, sur le total des plus-values brutes, des \u00e9ventuelles moins-values de cession de l&rsquo;ann\u00e9e ou restant en report au titre des ann\u00e9es ant\u00e9rieures.\u00a0<\/p><p>\u00a0<\/p><p>Une fois cette premi\u00e8re \u00e9tape effectu\u00e9e, l&rsquo;imp\u00f4t est d\u00e9termin\u00e9, comme pour les int\u00e9r\u00eats et dividendes :<\/p><ul><li>En appliquant \u00e0 la plus-value nette, sans aucun autre retraitement (pas d&rsquo;abattement ou de d\u00e9duction de frais et charges), un <strong>taux fixe de 12,8%<\/strong><\/li><li><strong>Ou, <span style=\"text-decoration: underline;\">sur option du b\u00e9n\u00e9ficiaire<\/span>,<\/strong>\u00a0<strong>en appliquant le bar\u00e8me progressif. <\/strong>Rappelons que cette option est globale (applicable aux int\u00e9r\u00eats, dividendes et plus-values), annuelle et expresse.<\/li><\/ul><p>En cas d&rsquo;option, la d\u00e9termination de la base taxable est relativement complexe. Elle d\u00e9pend en effet de la date d&rsquo;acquisition des titres et de leur dur\u00e9e de d\u00e9tention.<\/p><p>\u00a0<\/p><p>Les pr\u00e9l\u00e8vements sociaux (CSG, CRDS, pr\u00e9l\u00e8vement de solidarit\u00e9, au taux global de 17,2%) s\u2019ajoutent \u00e0 l\u2019imposition sur le revenu, quel que soit le r\u00e9gime fiscal applicable (taux fixe de 12,8% ou bar\u00e8me progressif). Ils sont calcul\u00e9s sur la plus-value nette globale avant tout abattement ou d\u00e9duction de frais et charges.<\/p><p>\u00a0<\/p><p>\u00a0<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0b378de elementor-widget elementor-widget-heading\" data-id=\"0b378de\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">&nbsp;<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-0570254 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0570254\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-06491d3\" data-id=\"06491d3\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2ee91a5 elementor-widget elementor-widget-spacer\" data-id=\"2ee91a5\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1d8ae46 elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"1d8ae46\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">SPECIFICITES EN CAS D'OPTION POUR LE BAREME PROGRESSIF<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2a3bce3 elementor-widget elementor-widget-spacer\" data-id=\"2a3bce3\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3abc741 elementor-widget elementor-widget-text-editor\" data-id=\"3abc741\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Les titres acquis <u><b>avant le 1er janvier 2018<\/b><\/u> sont susceptibles de b\u00e9n\u00e9ficier, en cas d&rsquo;option pour le bar\u00e8me progressif, d\u2019un abattement pour dur\u00e9e de d\u00e9tention de :\u00a0<\/p><ul><li>50 % pour une d\u00e9tention d\u2019au moins 2 ans et moins de 8 ans<\/li><li>65 % pour une d\u00e9tention depuis au moins 8 ans<\/li><\/ul><p>Pour la d\u00e9termination du taux d&rsquo;abattement, la dur\u00e9e de d\u00e9tention est calcul\u00e9e de date \u00e0 date \u00e0 partir de la date de souscription ou d&rsquo;acquisition des titres. Le c\u00e9dant doit donc \u00eatre en mesure de <strong>prouver la date d&rsquo;acquisition et la d\u00e9tention continue des titres.<\/strong><\/p><ul><li>Exemple : acquisition le 15 mars N, d\u00e9tention de moins de 8 ans au 1er janvier N+8 mais de plus de 8 ans au 16 mars N+8<\/li><\/ul><p><strong><span style=\"font-size: inherit; text-align: inherit; font-family: var( --e-global-typography-text-font-family ), Sans-serif; letter-spacing: -0.015em;\">Attention : L&rsquo;abattement pour dur\u00e9e de d\u00e9tention a \u00e9t\u00e9 supprim\u00e9 pour les titres acquis ou souscrits <span style=\"text-decoration: underline;\">\u00e0 compter du 1er janvier 2018.<\/span><\/span><\/strong><\/p><p>\u00a0<\/p><p>Les moins-values de cession ne doivent pas faire l\u2019objet d\u2019un abattement. Cela r\u00e9sulte d&rsquo;un arr\u00eat du Conseil d\u2019Etat du 12 novembre 2015 (n\u00b0390265). Seules les plus-values sont susceptibles d\u2019en b\u00e9n\u00e9ficier. Le calcul se fait comme suit :<\/p><ul><li>Gains nets imposables d\u00e9termin\u00e9s apr\u00e8s imputation des moins-values brutes sur les plus-values brutes. Le choix d\u2019imputation est libre.<\/li><li>Application de l\u2019abattement pour dur\u00e9e de d\u00e9tention au solde ainsi obtenu, en fonction de la dur\u00e9e de d\u00e9tention des titres dont la cession a fait appara\u00eetre les plus-values subsistant apr\u00e8s imputation des moins-values.<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cac849b elementor-widget elementor-widget-heading\" data-id=\"cac849b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">&nbsp;<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-012513e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"012513e\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-100ab47\" data-id=\"100ab47\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-65c93ce elementor-widget elementor-widget-spacer\" data-id=\"65c93ce\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1b75e6d elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"1b75e6d\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">OPTION BAREME PROGRESSIF : UN EXEMPLE S'IMPOSE\n<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8a3945e elementor-widget elementor-widget-spacer\" data-id=\"8a3945e\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-189e1b1 elementor-widget elementor-widget-text-editor\" data-id=\"189e1b1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul>\n<li>Plus-value sur titres A acquis apr\u00e8s le 1er janvier 2018 (pas d\u2019abattement) : 20 000<\/li>\n<li>Plus-value sur titres B d\u00e9tenus depuis 7 ans : 30 000<\/li>\n<li>Moins-value sur titres C : 25 000<\/li>\n<\/ul>\n<p><strong>Application de la moins-value sur la plus-value relative aux titres A, puis application du solde de moins-value sur la plus-value relative aux titres B soit :<\/strong><\/p>\n<ul>\n<li>Plus-value nette sur titres A : 0 (PV 20 000 \u2013 imputation MV 20 000)<\/li>\n<li>Plus-value nette avant abattement sur titres B : 25 000 [30 000 &#8211; (25 000 &#8211; 20 000 )]<\/li>\n<li>Abattement de 50 % \u00e0 appliquer sur les 25 000 car les titres sur lesquels portent la plus-value sont d\u00e9tenus depuis plus de deux ans et moins de huit ans<\/li>\n<li><strong>Plus-value effectivement taxable de 12 500<\/strong><\/li>\n<\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-075c6f2 elementor-widget elementor-widget-heading\" data-id=\"075c6f2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">&nbsp;<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-e7d6593 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e7d6593\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-3a80860\" data-id=\"3a80860\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1096ed9 elementor-widget elementor-widget-spacer\" data-id=\"1096ed9\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a513611 elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"a513611\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">CONSEQUENCE : UNE COMPLEXITE ACCRUE\n<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-90e6624 elementor-widget elementor-widget-spacer\" data-id=\"90e6624\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-48d19cf elementor-widget elementor-widget-text-editor\" data-id=\"48d19cf\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>La coexistence de deux r\u00e9gimes (taux fixe et bar\u00e8me progressif) et, en cas d&rsquo;option, de r\u00e8gles distinctes en fonction des titres (date d&rsquo;acquisition) implique que le c\u00e9dant proc\u00e8de :<\/p><ul><li>A des calculs pour v\u00e9rifier s\u2019il a int\u00e9r\u00eat \u00e0 opter pour le bar\u00e8me progressif ou pas (en tenant compte des int\u00e9r\u00eats et dividendes puisque l\u2019option est globale)<\/li><li>En cas d\u2019option pour le bar\u00e8me progressif, \u00e0 un arbitrage sur l\u2019ordre d\u2019imputation de ses moins-values sur les plus-values r\u00e9alis\u00e9es, <strong>en tenant compte de l\u2019ensemble de ses op\u00e9rations de cessions (notamment en cas de comptes-titres d\u00e9tenus dans plusieurs \u00e9tablissements)<\/strong><\/li><\/ul><p>Les \u00e9tablissements qui g\u00e8rent les comptes-titres ne peuvent pas calculer les plus-values nettes, m\u00eame quand ils connaissent la dur\u00e9e de d\u00e9tention de tous les titres (ce qui n&rsquo;est pas toujours le cas), car ils ne savent pas si leur client a d\u2019autres comptes ailleurs.<\/p><p>\u00a0<\/p><p>\u00a0<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cf283e2 elementor-widget elementor-widget-heading\" data-id=\"cf283e2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">&nbsp;<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-3bd3804 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3bd3804\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-ff74eb0\" data-id=\"ff74eb0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-50915e6 elementor-widget elementor-widget-spacer\" data-id=\"50915e6\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-99ee18b elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"99ee18b\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">SYNTH\u00c8SE DU R\u00c9GIME FISCAL\n<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-81b7e8c elementor-widget elementor-widget-spacer\" data-id=\"81b7e8c\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-668a1f9 elementor-widget elementor-widget-image\" data-id=\"668a1f9\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img width=\"580\" height=\"347\" src=\"https:\/\/valluis-avocats.com\/wp-content\/uploads\/2022\/04\/Synthese-PV-1024x612.png\" class=\"attachment-large size-large\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/valluis-avocats.com\/wp-content\/uploads\/2022\/04\/Synthese-PV-1024x612.png 1024w, https:\/\/valluis-avocats.com\/wp-content\/uploads\/2022\/04\/Synthese-PV-300x179.png 300w, https:\/\/valluis-avocats.com\/wp-content\/uploads\/2022\/04\/Synthese-PV-768x459.png 768w, https:\/\/valluis-avocats.com\/wp-content\/uploads\/2022\/04\/Synthese-PV-1200x717.png 1200w, https:\/\/valluis-avocats.com\/wp-content\/uploads\/2022\/04\/Synthese-PV.png 1239w\" sizes=\"(max-width: 580px) 100vw, 580px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Nathalie Valluis, Avocate &#8211; Janvier 2025 \u00a0 Les plus-values de cessions de titres sont soumises au m\u00eame r\u00e9gime fiscal de droit commun que les int\u00e9r\u00eats et dividendes. En revanche, le r\u00f4le de l&rsquo;\u00e9tablissement payeur et l&rsquo;impact de l&rsquo;option pour le bar\u00e8me progressif sont sensiblement diff\u00e9rents. PAS D&rsquo;INTERVENTION DE L&rsquo;ETABLISSEMENT PAYEUR En cas de paiement de [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3294,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"elementor_header_footer","format":"standard","meta":[],"categories":[1,5],"tags":[7],"_links":{"self":[{"href":"https:\/\/valluis-avocats.com\/index.php\/wp-json\/wp\/v2\/posts\/3193"}],"collection":[{"href":"https:\/\/valluis-avocats.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/valluis-avocats.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/valluis-avocats.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/valluis-avocats.com\/index.php\/wp-json\/wp\/v2\/comments?post=3193"}],"version-history":[{"count":108,"href":"https:\/\/valluis-avocats.com\/index.php\/wp-json\/wp\/v2\/posts\/3193\/revisions"}],"predecessor-version":[{"id":3476,"href":"https:\/\/valluis-avocats.com\/index.php\/wp-json\/wp\/v2\/posts\/3193\/revisions\/3476"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/valluis-avocats.com\/index.php\/wp-json\/wp\/v2\/media\/3294"}],"wp:attachment":[{"href":"https:\/\/valluis-avocats.com\/index.php\/wp-json\/wp\/v2\/media?parent=3193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/valluis-avocats.com\/index.php\/wp-json\/wp\/v2\/categories?post=3193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/valluis-avocats.com\/index.php\/wp-json\/wp\/v2\/tags?post=3193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}