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What is the French Financial Transaction Tax (French FTT)?
What is the French Financial Transaction Tax (French FTT)?

The French Financial Transaction is a tax imposed by the French government that is included in your order. Check out the details here.

Updated over a week ago

*Stock trading: countries: UK, France, Poland, Belgium, Portugal, Netherlands, Germany, Italy, Luxembourg

The French Financial Transaction Tax (FTT) is a tax imposed by the French government on certain equity transactions, such as the purchase and sale of French company stocks with a market capitalization greater than one billion euros. The list of companies subject to French FTT (as of 2021) is available at this link.

Tax Rate and Calculation:

The French FTT is set at 0.3% (as of 2023) of the total transaction value for applicable equity trades.

When you place an order in the Shares app for eligible equities subject to the French FTT, the tax amount is calculated based on the transaction value. Any Shares users who place an order for the equities on the list above will be subject to the French FTT. The exact tax amount will be displayed in the order preview before you confirm the transaction (see example below).

French FTT order review at Shares

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