Purging the capital gain by gift

Giving shares before selling them cancels the unrealised capital gain: the beneficiary will only be taxed later on the increase after the gift. Exception: for shares within article 163 bis H (managers’ gain), the gain is taxed in the donor’s name in the year of the gift.

Please note.This definition is deliberately simplified. It does not constitute legal or tax advice. The exact conditions, thresholds, rates and periods depend on your situation and on the regulations in force.